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.<\/p>\n
In a filing with the exchanges on 3 July, Paytm <\/a>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.<\/p>\n Paytm Europe has been registered on the CSSF’s official list of payment institutions.Paytm Europe operations: What are the services approved?<\/p>\n Paytm Europe has been registered to provide the following services:<\/p>\n Execution of payment transactions where the funds are covered by a credit line<\/a> for a payment service userExecution of credit transfers, including standing orders; andAcquiring of payment transactions.Paytm Q4 FY2026 results: Key highlights<\/p>\n One 97 Communications announced its March-quarter and full-year results <\/a>in May reporting a consolidated net profit of \u20b9183 crore, marking a sharp turnaround from a net loss of \u20b9545 crore in the year-ago quarter. <\/p>\n The performance was helped by growth in its core financial services distribution business and payments segment. Here are the key highlights:<\/p>\n