According to the company's stock exchange filing, Paytm Payments Services Limited has obtained the Reserve Bank of India's Certificate of Authorization to function as a Payment Aggregator.

Key Highlights

• Paytm’s subsidiary, PPSL, secured final authorisation from Reserve Bank of India on November 26 2025 to function as a payment aggregator.
• The licence enables Paytm Payments Services Limited to onboard new merchants and expand online-payment services nationwide. 

Following the banking regulator's in-principle clearance in August of this year, this is a significant regulatory breakthrough for Paytm. After the central bank denied Paytm Payments Services' application in November 2022 because to concerns about foreign investment standards, the company reapplied for the license in September 2024.

Before requesting final permission, the company was able to finish system audits and other required procedures thanks to the in principle nod.

Paytm will be able to increase payment volumes, add more online merchants, and increase income thanks to the PA license.

Also Read: Paytm Partners with Groq to Power Ultra-fast AI Payments

Paytm's operating revenue climbed from Rs 1,659 crore in Q2 FY25 to Rs 2,061 crore in Q2 FY26. Its net profit fell 98% YoY to Rs 21 crore from Rs 930 crore a year ago despite the top-line expansion, mostly as a result of an impairment loss recorded this time and the lack of a one-time gain that boosted the base quarter.