Payment aggregator Paytm’s parent company One 97 Communications today said that its step down wholly owned subsidiary in Luxembourg, Paytm Europe Payments SA (Paytm Europe), has been granted a payment institution licence.
In a filing with the exchanges on 3 July, Paytm said that the Commission de Surveillance du Secteur Financier, Luxembourg (CSSF) has issued a grant of payment institution licence to Paytm Europe valid from 2 July 2026. It added that the licence has no specified validity period.
Paytm Europe has been registered on the CSSF’s official list of payment institutions.Paytm Europe operations: What are the services approved?
Paytm Europe has been registered to provide the following services:
Execution of payment transactions where the funds are covered by a credit line for a payment service userExecution of credit transfers, including standing orders; andAcquiring of payment transactions.Paytm Q4 FY2026 results: Key highlights
One 97 Communications announced its March-quarter and full-year results in May reporting a consolidated net profit of ₹183 crore, marking a sharp turnaround from a net loss of ₹545 crore in the year-ago quarter.
The performance was helped by growth in its core financial services distribution business and payments segment. Here are the key highlights:
Reported operating revenue of ₹2,264 crore in Q4 FY26, with robust year-on-year (YoY) growth.Contribution margin of 55% with contribution profit of ₹1,254 crore.Reported positive EBITDA of ₹132 crore, with significant YoY improvement.Consumer UPI growth recorded at 46% YoY, significantly ahead of industry growth.Expanded user base with MTU reaching 7.7 crore, adding 50 lakh users YoY.
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