Key Event Details
Paytm Europe Payments S.A received formal communication from the Commission de Surveillance du Secteur Financier (CSSF), Luxembourg on July 02, 2026 at 08:03 p.m. (IST) informing that it has been granted a payment institution license and registered on the official list of payment institutions. The authorization is effective from July 02, 2026.
License Scope and Services
The license authorizes Paytm Europe to provide the following payment services:
- Execution of payment transactions, including transfers of funds on a payment account with the user's payment service provider or with another payment service provider: execution of credit transfers, including standing orders
- Execution of payment transactions where the funds are covered by a credit line for a payment service user: execution of credit transfers, including standing orders
- Acquiring of payment transactions
Corporate Structure
Paytm Europe Payments S.A is incorporated in Luxembourg and is a step-down wholly owned subsidiary of One 97 Communications Limited. It is wholly owned by Paytm Cloud Technologies Limited, which is a wholly owned Indian subsidiary of One 97 Communications Limited.
Validity Period
The authorization license is valid from July 02, 2026 and does not have any specified validity period.
Financial Implications
As per Form A disclosure: "Not Applicable" - no expected financial implications on the listed parent company.
Compliance Status
No aberrations, non-compliances, penalties, restrictions, or sanctions identified by CSSF in the communication.
Additional Actions
No specific actions required or taken by the listed company with respect to this communication.