Paytm strengthens regulatory standing as PPSL secures full payment aggregator approvals

Paytm has reinforced its regulatory and governance credentials during the December quarter (Q3 FY26), with its wholly owned subsidiary Paytm Payment Services Ltd (PPSL) securing all key payment aggregator licences from the Reserve Bank of India.

The approvals cover online, offline and cross-border payment aggregation, enabling PPSL to operate across the full spectrum of India’s merchant payments ecosystem. The company said the clearances reflect regulatory confidence in its compliance framework, governance processes and operational controls.

As part of its Q3 FY26 earnings disclosure, One 97 Communications Ltd confirmed that it has resumed onboarding online merchants following receipt of the payment aggregator licence in the previous quarter.

Regulatory clarity supports business continuity.

Paytm stated that recent regulatory changes, including updates related to rent payments via credit cards and the real-money gaming sector, had no material impact on its operations, as internal processes had already been aligned with ...