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UPI MDR to unlock Rs 80-230 cr annual revenue for Pine Labs

Pine Labs CEO revealed that the 0.4% MDR on UPI transactions above Rs 2000 could add an annual revenue of Rs 80-230 crore as 75-77% of transactions on its PoS devices are now UPI-based. The post UPI MDR to unlock Rs 80-230 cr annual revenue

MediaNama Wed, 11 Nov 2026 13:56
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