Paytm's European arm secures payment institution licence in Luxembourg
Published on: July 3, 2026, 3:42 p.m. | Source: The Economic Times
Paytm's European arm, Paytm Europe Payments, has secured a crucial payment institution license from Luxembourg's financial regulator, effective July 2, 2026. This approval allows the company to offer a range of payment services, including fund transfers and credit line-backed transactions. The move follows a significant investment by its parent company, One 97 Communications, to bolster the European entity's capital and support its business expansion.
