Wire · Fintech · 12 November 2026, 09:15 IST
Pine Labs CEO sizes UPI MDR revenue at Rs 80-230 crore a year
Pine Labs' CEO said the 0.4% MDR on UPI transactions above Rs 2000 could add Rs 80-230 crore in annual revenue, with 75-77% of transactions on its PoS devices now UPI-based, per MediaNama, 11 Nov 2026.
Source: MediaNama ↗
Industry: Fintech