Paytm's European Arm Secures Payment Institution Licence In Luxembourg

New Delhi: Fintech firm One 97 Communications, which operates under the Paytm brand, on Friday said its step-down subsidiary Paytm Europe Payments has secured a payment institution licence from the Luxembourg financial regulator, effective July 2, 2026. In a regulatory filing, the company said the Commission de Surveillance du Secteur Financier (CSSF), Luxembourg, granted the licence to Paytm Europe Payments SA and registered it on the official list of payment institutions. "The licence has been...