Paytm emerges monetisation leader as merchant payments drive bulk of industry profits: Bernstein

The margin differential reflects Paytm's higher share of merchant payments and its larger installed base of payment acceptance devices.

Feb 19, 2026 - 21:40
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Paytm emerges monetisation leader as merchant payments drive bulk of industry profits: Bernstein
The margin differential reflects Paytm's higher share of merchant payments and its larger installed base of payment acceptance devices.

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