sekar nallalu Corporate,Cryptocurrency Paytm gets Govt Nod for Investment in PPSL; Firm to Re-apply for Payment Aggregator Permit

Paytm gets Govt Nod for Investment in PPSL; Firm to Re-apply for Payment Aggregator Permit

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“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 approval in place, PPSL will proceed to resubmit its PA application. In the meantime, PPSL will continue to provide online payment aggregation services to existing partners,” Paytm filing said.

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