Paytm stands to benefit from UPI incentive scheme, says Morgan Stanley

  • Morgan Stanley reports that Paytm may gain 5-7% of total benefit from UPI incentive scheme.
  • Union Cabinet approved the incentive scheme on Wednesday with a financial outlay of Rs 26 billion for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (P2M) for 2022-23.
  • This is an increase from the Rs 15 billion financial outlay in 2021-22.