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Market
What will be Paytm's market share in the Indian payments sector by the end of 2024?
2
Resolution / Starting Odds
Below 10% • 25%
10% - 20% • 25%
20% - 30% • 25%
Above 30% • 25%
Market analysis reports from recognized financial institutions
Story
Paytm Secures Government and FDI Approval, to Resubmit License for Payments Arm
Aug 28, 2024, 12:21 PM
India's fintech giant Paytm, operated by One 97 Communications, has received government approval for a downstream investment into its payments services arm, Paytm Payments Services Limited. The approval from the Finance Ministry, including FDI approval, allows Paytm to revive its payment services business, which had faced scrutiny previously. With this nod, Paytm Payments Services Limited will resubmit its application for a payment aggregator license, a crucial step for the company's operations.
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Similar markets
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Paytm becomes the leader • 25%
Paytm remains second • 25%
Paytm remains third • 25%
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20-30% • 25%
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Above 30% • 33%
20-30% • 33%
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Alipay > 50%, WeChat Pay < 30% • 25%
Alipay < 50%, WeChat Pay > 30% • 25%
Both Alipay and WeChat Pay around 40% • 25%
Other • 25%