One97 Communications has announced that its subsidiary, Paytm Payments Services Limited (PPSL), has secured the Reserve Bank of India’s (RBI) authorisation to act as a payment aggregator (PA) for both offline payments as well as cross-border transactions. With this approval, PPSL now possesses PA licences covering all major segments, including online, offline, and cross-border payments. This development is said to support One97’s long-term plans for both domestic and global payment acceptance. PPSL ini ...