India's Paytm jumps 5% after payments authority grants third-party app licence

India's Paytm jumps 5% after payments authority grants third-party app licence

Photo: Reuters

Shares of India’s Paytm rose a stock exchange-allowed maximum of 5% on Friday, a day after it got a third-party application provider licence that will allow it to offer digital payments after its banking unit ceases operations.

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