India's pioneering digital payments company navigating regulatory transformation
Paytm, operated by One97 Communications, is one of India's largest digital payment platforms. The company played a pivotal role in India's digital payments revolution following demonetization in 2016. After facing regulatory action from the RBI in 2024 regarding its payments bank operations, Paytm has been restructuring its business model while maintaining its core payments and merchant services platform.
Paytm's regulatory challenges illustrate the evolving relationship between fintech innovation and financial regulation in India's rapidly digitizing economy.
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