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Paytm vs Pine Labs: Which stock gets the bigger opportunity from 0.4% UPI MDR?

Posted on September 17, 2026
By Financial Express
0 Views
1 min read

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Paytm vs Pine Labs: Which stock gets the bigger opportunity from 0.4% UPI MDR?

Paytm and Pine Labs could benefit from the 0.4% UPI MDR on eligible P2M transactions from October 15. Analysts assess revenue, earnings and take-rate impact.