India's Paytm receives government nod for payments services arm

India's Paytm receives government nod for payments services arm

FILE PHOTO: Paytm app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration

India’s Paytm has received an approval from the finance ministry to invest in its payment services business, the fintech firm said on Wednesday.