India's banking regulator has declined a payment aggregator licence for the One 97 Communications Ltd unit that owns the popular Paytm<\/a> brand, asking it to reapply with 120 days after meeting certain conditions.

The regulator asked Paytm Payments Services Ltd, a 100% subsidiary of One 97 Communications, to reapply after getting the necessary approvals for foreign direct investment in the company to comply with existing rules, the company said in a notification to stock exchanges on Saturday.

Payment aggregators, platforms that bring together various online payment options, must be licensed by India's central bank and banking regulator, Reserve Bank of India<\/a>.

In its communication to exchanges, One 97 Communications said it does not expect the delay in securing a payment aggregator licence to impact its business.

The regulator also asked that Paytm Payments Services not bring onboard new online merchants until it reapplies for the licence.
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央行要求Paytm付款单位重新聚合器许可证

监管机构问Paytm支付服务有限公司,100%的子公司97通讯,后重新获得必要的批准外国直接投资公司遵守现有规则,该公司表示在周六通知证券交易所。

路透

更新于2022年11月26日,59点坚持

印度银行业监管机构拒绝支付聚合器97通信有限公司执照单位拥有受欢迎Paytm品牌,让它重新满足一定条件后120天。

监管机构问Paytm支付服务有限公司,100%的子公司97通讯,后重新获得必要的批准外国直接投资公司遵守现有规则,该公司表示在周六通知证券交易所。

付款聚合器,平台,汇集各种在线支付选项,必须授权由印度央行和银监会印度储备银行。