Key Points
a) European Central Bank (ECB)
b) Financial Conduct Authority (FCA), UK
c) Commission de Surveillance du Secteur Financier (CSSF), Luxembourg
d) European Banking Authority (EBA)
Answer: c) The licence was granted by CSSF, Luxembourg's financial regulator.
- The licence was granted by CSSF (Commission de Surveillance du Secteur Financier), Luxembourg on 2 July 2026.
- The licence was issued to Paytm Europe Payments S.A., a wholly owned subsidiary of Paytm Cloud Technologies Limited, under One 97 Communications.
- It authorises the company to provide payment transactions, credit transfers, standing orders, and payment acquiring services across Europe.
- The approval supports Paytm's international expansion strategy and strengthens its presence in the European digital payments market.
- The licence has no specified validity period and Paytm Europe has been added to the official register of payment institutions maintained by CSSF.
Question:
Q1.Paytm Europe Payments received a Payment Institution Licence from which regulator?a) European Central Bank (ECB)
b) Financial Conduct Authority (FCA), UK
c) Commission de Surveillance du Secteur Financier (CSSF), Luxembourg
d) European Banking Authority (EBA)
Answer: c) The licence was granted by CSSF, Luxembourg's financial regulator.
