I wanted some thoughts on 3 questions (I don’t see anyone discussing them yet):

1. Considering PPBL and OCL’s nodal accounts were impacted negatively, do Paytm’s merchants (both online under PA/PG regulations & offline using Soundbox) or otherwise have to do fresh re-KYC with other banks, considering the size of merchants accounts is ~40 million accounts?

2. also as per notification, RBI alluded to OCL and another entity called “Paytm Payments Services Ltd” nodal accounts to be terminated, not PPBL – is PPSL same nodal as PPBL which has been directed to be terminated at the earlier, but not later than 29th feb 2024?

3. Further, Paytm Payments Services Limited is also under RBI’s PA/PG applicant which has been barred from onboarding from late Nov 2022. And now since RBI has advised them to shut down PPSL’s nodal accounts, can we infer that RBI might not give them the PA/PG license which will severely impact their ability to onboarding merchants for their online payment gateway rails (unless of course, they can use 3rd party licensed PA/PG rails), thus impacting many/more line-items in P/L?

I appreciate any help you can provide.

Great job! Need to use quotation for search term, only 89 patents with phrase “zen technologies”.

Disc: invested

Why should it be a cause for concern? Can’t they use the money for their personal use? Don’t they have the right to enjoy life, too?

https://www.rbi.org.in/Scripts/PSIUserView.aspx

https://rbi.org.in/scripts/NEFTView.aspx

https://www.npci.org.in/what-we-do/upi/product-statistics

https://www.npci.org.in/what-we-do/netc-fastag/netc-ecosystem-statistics

PayTM Payments Bank Ltd’s mobile banking, UPI, Fastag monthly data are available in the above dataset. Industry total data for mWallets are also available. Collating everything, you will know how much One97 is claiming, and how much is reflected in publicly available data. How you interpret the difference, is based on your perception and assessment of One97’s credibility.