Paytm and Pine Labs Poised for UPI Revenue Growth
· Business · Economic Times, Business Standard, Moneycontrol
Paytm and Pine Labs are expected to benefit from the government's new 0.4% Merchant Discount Rate on high-value UPI transactions. Analysts estimate Paytm could generate up to Rs 1,160 crore in UPI-related revenue by FY28 due to its larger transaction base. Pine Labs is projected to see a more significant impact on its overall profitability, with the new stream potentially contributing 20% to its earnings. The framework applies to transactions over Rs 2,000, which represented roughly two-thirds of total transaction value in recent months.
Why it matters
The introduction of fees on high-value UPI payments creates a new revenue stream for major fintech players, potentially altering their valuation and profitability models.
Read the original report — Economic Times
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.