Accept online Payments through payment gateway, UPI payments , or payment Links. Grow your business with Paytm payouts, Soundbox, Smart POS billing software. Find out what will happen to your Paytm Payment Bank account after March 15, 2024. Learn how to use Paytm app for UPI, recharges, bill payments, ticket booking, wallet, transit card, QR and more. Paytm Payments Bank (PPBL) was an Indian payments bank , founded in 2017 and headquartered in Noida. [3] In the same year, it received the license to run a payments bank from the Reserve Bank of India and was launched in November 2017. [4][5][6] In 2021, the bank received a scheduled bank status from the RBI. [7][8] As of 2025, Paytm is not banned in India, but the Reserve Bank of India (RBI) has restricted Paytm Payments Bank from accepting deposits, top-ups, or credit transactions after March 15, 2024, due to persistent non-compliance issues. This has led to confusion around the claim that Paytm is banned in India. In reality, only Paytm Payments Bank services are affected, while Paytm’s UPI, wallet, and merchant services continue to function through partner banks .
