Mumbai, 18 December (Udaipur Kiran) — Shares of One97 Communications (Paytm) moved higher on Wednesday after its wholly owned subsidiary Paytm Payments Services Ltd (PPSL) received authorisation from the Reserve Bank of India (RBI) to operate as a payment aggregator for offline (physical) and cross-border transactions.
The stock was trading at Rs. 1284.20, up 1.26% from the previous close of Rs. 1268.25. It opened at Rs. 1277.00 and touched an intraday high of Rs. 1287.20. A total of 40,702 shares were traded during the session. The scrip has a 52-week high of Rs. 1381.75 and a low of Rs. 652.30.
Over the past week, the stock touched a high of Rs. 1314.50 and a low of Rs. 1256.05. The company’s current market capitalisation stands at Rs. 82,100.85 crore. Institutional and non-institutional investors hold 71.65% and 28.36% stake respectively.
With the new RBI approval dated December 17, 2025, PPSL now holds payment aggregator licences across all major segments — online, offline and cross-border. This will enable the company to provide end-to-end payment aggregation services, support merchants with seamless payment solutions and strengthen its long-term domestic and global payment acceptance capabilities.
Earlier, PPSL had already received the Certificate of Authorization (CoA) to operate as an online payment aggregator under the Payment and Settlement Systems Act, 2007.
One97 Communications, the parent company of Paytm, is one of India’s leading mobile payments and financial services distribution platforms, known for pioneering QR-based mobile payments for small businesses.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.