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RBI asks Paytm Payment Services to stop onboarding online merchants; asks to reapply for licence as payment aggregator

RBI asks Paytm Payment Services to stop onboarding online merchants; asks to reapply for licence as payment aggregator

Nov 27, 2022, at 08:51 pm

Mumbai/IBNS: Paytm on Saturday informed the bourses that the Reserve Bank of India has ordered its subsidiary Paytm Payment Services Ltd (PPSL) not to onboard new online merchants, reported media.