ReferIndia News Merchant Payments Outpace Consumer Play as Paytm Holds Profit Edge: Bernstein

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Merchant Payments Outpace Consumer Play as Paytm Holds Profit Edge: Bernstein

Published on: Feb. 23, 2026, 3:47 p.m. | Source: Outlook Business

Bernstein said merchant payments are outpacing the consumer business, with Paytm retaining a profit advantage amid shifting dynamics in the digital payments space.

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