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Paytm’s Vijay Shekhar Sharma says ‘app will work beyond Feb 29’ after RBI curbs
Paytm founder and CEO Vijay Shekhar Sharma said the digital payments app will keep working beyond February 29 and will not face any disruption due to RBI's action against Paytm Payments Bank.
Paytm founder and CEO Vijay Shekhar Sharma on Friday addressed the concerns of Paytm users, following the Reserve Bank of India’s recent regulatory action against Paytm Payments Bank.
Sharma said the app will continue its seamless operations beyond February 29, and expressed gratitude to app users for their unwavering support.
“To every Paytmer, your favorite app is working, and will keep working beyond 29 February as usual,” he said in a post on X (formerly Twitter).
“I with every Paytm team member salute you for your relentless support. For every challenge, there is a solution and we are sincerely committed to serving our nation in full compliance,” Sharma noted.