Thursday, June 26, 2025

PayU expects 5% profitability margin in near term as new revenue lines kick in

The digital payments major had reported a 2% operating loss in the financial year 2025. According to CEO Anirban Mukherjee, once the company starts generating revenue from UPI, its earnings will get a boost. Currently, the government does not allow revenue generation on UPI payments, as its priority is the adoption of digital payments by small merchants.

from Tech-Economic Times https://ift.tt/DQ5RfGu

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...