Paytm's revenue may see a Rs 400 crore hit if rentals for all Soundbox devices brought to zero: Macquarie - Moneycontrol

8/4/2022 12:00:00 AM2 years 9 months ago
by Moneycontrol News
by Moneycontrol News
The report comes a day after Moneycontrol reported that Paytm's Soundbox, which announces receipt of payments for shopkeepers, is seeing tough competition from rival PhonePe.
Digital payments and financial services company Paytm is likely to see a hit of Rs 400 crore on revenues and Rs 500 crore on the company's EBITDA if it makes rentals zero on all of its sound devices … [+2585 chars]
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