One 97 Communications announced that its wholly-owned subsidiary, Paytm Payments Services Limited (PPSL), has received comprehensive authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator across all key segments. This development marks a crucial step in the company's payment services expansion strategy.

RBI Authorization Details

PPSL received the following authorizations from RBI:

The latest authorization for Physical (offline) payments and Cross-Border transactions complements the previously granted online Payment Aggregator authorization.

Comprehensive Payment Services Portfolio

With these authorizations, PPSL now holds Payment Aggregator licenses across all key segments. This comprehensive licensing framework enables the subsidiary to offer end-to-end payment aggregation services for online, offline, and cross-border use cases. The authorization positions the company to deliver seamless payment experiences for merchants while supporting growth in both domestic and international payment acceptance.

Regulatory Compliance and Requirements

The RBI authorization comes with specific terms and conditions detailed in the Certificate of Authorization (CoA) No. 258/2025 dated November 26, 2025. Key compliance requirements include:

The payment system operations must comply with provisions of the Payment and Settlement Systems Act, 2007, along with associated regulations, directions, and guidelines issued by RBI.

Strategic Business Impact

The comprehensive authorization enables PPSL to operate across the complete spectrum of payment aggregation services. This regulatory approval supports the company's strategic objectives in expanding payment acceptance capabilities and strengthening its position in the digital payments ecosystem.

Disclosure and Documentation

One 97 Communications filed this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A copy of the RBI authorization letter has been annexed to the disclosure, and the information is being hosted on the company's investor relations website at https://irpaytm.com/ .

One 97 Communications has announced a substantial investment of ₹22.50 billion in its subsidiary Paytm Payments Services, marking a significant capital allocation towards strengthening the company's payment services operations.

Strategic Investment Details

The investment represents a major financial commitment by the parent company to enhance its payment services infrastructure and capabilities.

Business Implications

This substantial capital infusion into Paytm Payments Services demonstrates the company's strategic focus on strengthening its core payment operations. The investment is expected to support the expansion and enhancement of the payment services platform's capabilities.

Company Focus

The significant investment amount reflects One 97 Communications' commitment to its payment services business segment. This move positions the company to further develop its payment infrastructure and service offerings in the competitive digital payments landscape.

The ₹22.50 billion investment represents a substantial allocation of resources towards the Paytm Payments Services subsidiary, indicating the strategic importance of this business unit within the company's overall operations.