Paytm parent One 97 Communications Limited has issued a formal clarification addressing recent news reports related to the Reserve Bank of India’s incentive scheme for digital payment infrastructure deployment. The company confirmed that it has recognised incentives strictly in line with the RBI circular governing qualifying expenditure for payment acceptance devices.
According to the disclosure, the incentive was linked to the deployment of various payment devices, including Soundboxes and EDC machines, across Tier-3 to Tier-6 centres. The scheme also covered select regions such as the northeastern states of India and the Union Territories of Jammu, Kashmir and Ladakh. The incentive scheme remains valid until December 31, 2025.
For the six months ended September 30, 2025, Paytm recognised an incentive amounting to ₹128 crore under this RBI-backed scheme. The company clarified that, as of now, there has been no announcement from the RBI or any other authority regarding an extension or replacement of the existing incentive framework beyond the current validity period.
Paytm further stated that if the scheme is not extended or replaced after its expiry, the potential impact is expected to be significantly offset over time. This mitigation will be driven through a combination of higher revenues and more focused, targeted sales initiatives, aimed at strengthening its payments ecosystem and merchant base.
The company also reaffirmed its commitment to regulatory transparency, noting that all necessary disclosures will be made to the stock exchanges in accordance with applicable laws, as and when required. This clarification has also been uploaded on the company’s investor relations website for public access.
