Paytm Payments Services gets final RBI nod as online payment aggregator

Business Nov 26, 2025

Paytm just got the official go-ahead from the Reserve Bank of India (RBI) to run as an online payment aggregator, as of November 26, 2025.
This means Paytm can finally start onboarding new merchants and expand its digital payments game—something it's been waiting on since clearing earlier regulatory hurdles in August 2024.

What's in the RBI approval?

The RBI's green light comes with a few strings attached.
The approval is only for online payments—not offline or cross-border ones.

Why does this matter?

Paytm reported a solid 24% jump in revenue last quarter, hitting ₹2,061 crore, though net profit was a modest ₹21 crore.
With this final nod from RBI, Paytm can get back to signing up new merchants and stay competitive in India's fast-moving digital payments scene.