Paytm Europe secures Luxembourg payment institution licence

By Milan Rojan

One 97 Communications, the parent company of Paytm, has announced that its step-down wholly owned subsidiary, Paytm Europe Payments S.A., has received a payment institution licence from Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF).

According to a regulatory filing with the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), Paytm Europe has been informed that the licence was granted on 2 July 2026 and that the company has been added to the CSSF’s official register of payment institutions with immediate effect.

The licence has authorised Paytm Europe to provide a range of regulated payment services. These include the execution of payment transactions involving transfers of funds between payment accounts, execution of credit transfers, including standing orders, payment transactions funded through a credit line, and the acquiring of payment transactions.

The approval has followed the incorporation of Paytm Europe in Luxembourg earlier this year as a wholly owned subsidiary of Paytm Cloud Technologies Limited, which is itself a wholly owned subsidiary of One 97 Communications.

The company disclosed the development under Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, describing the licence as a material regulatory update.

The payment institution licence has provided the regulatory framework required for Paytm Europe to operate payment services within Luxembourg and, subject to applicable European regulatory requirements, could support the company’s broader expansion across the European payments market.

The development has marked another step in Paytm’s international strategy as the company continues to expand its payments infrastructure beyond India. With regulatory approval now in place, Paytm Europe has been positioned to offer licensed payment services while supporting the group’s ambitions to strengthen its presence in cross-border digital payments and regulated financial services across Europe.