Paytm vs Pine Labs: Why Rs 1 lakh cr daily UPI milestone gives 1 stock a margin edge
A cup of tea, a grocery bill or a large purchase at a retail store — UPI has become a common way to pay. But India’s digital payments story is now moving beyond everyday small transactions. In October, the average daily value of transactions on the Unified Payments Interface (UPI) crossed Rs 1 lakh crore for the first time.
The milestone raises an important question for investors. Can this growing transaction value translate into higher earnings for listed payment companies such as Paytm and Pine Labs? And which of the two could benefit more?
