Paytm Payments Bank receives final approval from RBI to operate as Bharat Bill Payment Operating Unit

  • Paytm Payments Bank (PPBL) has received final approval from the Reserve Bank of India (RBI) to operate as a Bharat Bill Payment Operating Unit (BBPOU) under the Payment and Settlement Systems Act, 2007.
  • As an entity under the Bharat Bill Payment System (BBPS), PPBL has received the final authorization to conduct bill payment and aggregation business as a BBPOU.


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