Company Information

Get to know Paytm Payments Bank

Paytm Payments Bank Limited (PPBL) is an Indian payments bank, headquartered in Noida. Launched in 2017, it operates as a separate entity under the license from the Reserve Bank of India (RBI), with One97 Communications holding a 49% stake. The bank's mission is to bring unbanked and underbanked Indians into the formal financial system through a mobile-first, low-cost banking model. It offers services like savings and current accounts, debit cards, UPI payments, and FASTag for toll payments. In early 2024, the bank faced severe business restrictions from the RBI due to significant regulatory non-compliance.

Industry

Financial BankingPRIMARY
Financial Other Service
Financial PSP Gateway

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Paytm Payments Bank

India

Founded in

01 Jan 2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

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DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.