Paytm's Luxembourg arm wins CSSF payment licence, opening EU expansion path
Paytm Europe Payments SA secured a payment institution licence from Luxembourg's CSSF for payment transactions, credit transfers and acquiring, effective July 2026. The move comes as parent One 97 Communications posts its first full-year profit (PAT ₹552 crore) and 46% YoY UPI growth.
Paytm's Luxembourg subsidiary secured a payment institution licence from CSSF for payment transactions, credit transfers and acquiring, valid from July 2026. Story also recaps Paytm's first full-year profit (PAT ₹552 crore) and 46% UPI growth.
Why this matters
The EU licence marks Paytm's push beyond India, where it plans to open ~50,000 retail outlets nationwide. International expansion pairs with domestic scale-up as the company turns profitable.
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