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flag Paytm shifts focus to consumer payments, sells ticketing business to Zomato amid regulatory restrictions.

flag Paytm's CEO, Vijay Shekhar Sharma, announced the company's focus on revitalizing its consumer payments business after regulatory restrictions from the Reserve Bank of India impacted operations. flag Paytm Payments Bank was barred from accepting deposits and facilitating credit transactions. flag To enhance its core services, Paytm sold its ticketing business to Zomato. flag While monthly transactional users decreased, merchant numbers grew significantly, indicating a strategic shift towards Third-Party Application Provider (TPAP) models.

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