Reserve Bank of India (RBI) clears Paytm Payments Services Limited (PPSL) as offline payment aggregator.

Key facts

• Paytm Payments Services Limited (PPSL) received RBI authorisation to operate as a payment aggregator for physical (offline) payments and cross-border transactions.
• PPSL now holds Payment Aggregator licences across all key segments, enabling end-to-end payment aggregation services across online, offline and cross-border use cases.
• PPSL had already received online payment aggregator authorisation from RBI on November 26, 2025, under the Payment and Settlement Systems Act, 2007.