Paytm CEO Says New UPI MDR Norms Will Boost Revenue And Profitability
· Business · Economic Times, India Today
Paytm parent One97 Communications founder and CEO Vijay Shekhar Sharma stated that the newly introduced Merchant Discount Rate on large-value UPI transactions will increase company revenue and profitability. Speaking at the company's 26th Annual General Meeting on Wednesday, Sharma noted that the 0.4% fee on merchant transfers above Rs 2,000 will provide a competitive edge in merchant acquisition. Paytm achieved its first full fiscal year of profit in financial year 2026 and aims to generate free cash flow. Additionally, Sharma highlighted that the company is developing native artificial intelligence models rather than relying on external foundation software for enterprise pilots.
Why it matters
Fintech platforms like Paytm anticipate stronger margins and improved free cash flow following the government's introduction of UPI merchant fees.
Read the original report — Economic Times
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