Paytm’s chief govt officer Vijay Shekhar Sharma Reaffirms Plan To Reapply For Payment Aggregator License With RBI

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Paytm’s Vijay Shekhar Sharma on Thursday all through enterprise’s Annual General Meet duplicated the target to reapply for a settlement collector () allow to Reserve Bank of India ultimately. Recently, Paytm obtained authorization from the Finance Ministry to buy its settlement options firm. “We would like to inform you that PPSL has received approval from the government of India, Ministry of Finance, Department of Financial Services, vide its letter dated August 27, 2024, for downstream investment from the company into PPSL. “With this authorization in position, PPSL will certainly continue to resubmit its application. In the meanwhile, PPSL will certainly remain to give on the internet settlement gathering solutions to existing companions,” Paytm declaring claimed beforehand.



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