In the advertisement shared along with the tweet, the company confirmed that the Paytm devices and QR code would remain functional "today, tomorrow, always".
Paytm CEO Vijay Shekhar Sharma met RBI and finance minister to discuss regulatory concerns and compliance issues. Paytm has asked for an extension of the central bank’s deadline and clarity on license transfer. Find out more about the key things Paytm has asked for.
The Reserve Bank of India (RBI) issued a notice on Wednesday, barring Paytm Payments Bank from providing banking services after February 29 due to compliance issues. Paytm founder Vijay Shekhar Sharma expressed confidence in India s progress in the digital finance sector and assured users that services tied to Paytm Payments Bank will be transferred to other lenders without disruption.