The government has introduced a Merchant Discount Rate (MDR) of 0.4% on person-to-merchant (P2M) UPI transactions above Rs 2,000, effective October 15, 2026. The Reserve Bank of India (RBI) backed the move,…
Pine Labs invested about Rs 24 crore in AI and R&D initiatives in FY26, with Rs 20 crore going into AI capabilities and automation and Rs 4 crore into enterprise-wide AI tools.…
The stock of Pine Labs has broken out of a sideways trend, gaining nearly 8 per cent this week and closing at Rs 166.60. The scrip had traded between Rs 138 and…
Pine Labs CEO Amrish Rau said on the Q1 FY27 earnings call that 25-30% of new PoS terminal deployments now require merchants to pay upfront, a structural shift from the earlier leasing…
