Indian fintech Paytm wins a major regulatory battle days after key investor exit

Paytm Back in Business: RBI Lifts Restrictions on Merchant Onboarding

Digital payments giant poised for growth after regulatory green light.

India's Reserve Bank (RBI) has granted Paytm the go-ahead to reactivate onboarding new online merchants and resume offering its full suite of digital payment services. This comes after a period of restrictions imposed on the company.

"Paytm welcomes the RBI's decision," said an official spokesperson. "This clearance allows us to continue serving our millions of users and merchants across India."