Paytm Europe Payments secures payment institution licence from Commission de Surveillance du Secteur Financier (CSSF)

Key facts

• Paytm Europe Payments, a step-down subsidiary of One 97 Communications, has secured a payment institution licence from the Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg.
• The licence is effective from July 2, 2026, and permits the provision of services including the execution of payment transactions, credit transfers, standing orders, and acquiring of payment transactions.
• Paytm Europe Payments was incorporated in Luxembourg in January 2026 as a wholly-owned subsidiary of Paytm Cloud Technologies Limited (PCTL).
• PCTL, a wholly owned Indian subsidiary of One 97 Communications, holds 100 per cent of the 1 million euro paid-up share capital of Paytm Europe.
• PCTL announced in May that it would invest an additional 9 million euros in the European entity to support its business funding requirements.