One 97 Communications Limited

rs,

uld bring monetization of QR deployment, acquiring and the consumer app both. And I think the numbers, et cetera, and when and how is something that continues to remain to be discussed or to be seen. An

1 billion

in Salgaonkar: Vijay, just a quick follow up out here. The finance minister did say that she wants 1 billion UPI transactions per day in the next two to three years. So at some level, perhaps we are seeing a

200 million

se. But yes, the final question, it does matter to us. I do believe that in India, there are about 200 million consumers that matter. And we definitely will aim for 200 to 250 million customers on our platform

250 million

in India, there are about 200 million consumers that matter. And we definitely will aim for 200 to 250 million customers on our platform. I'm not talking about, let's say, GMV market share, transaction market

35%

k Madhur you had called out medium term, the business can potentially grow at like, you know, 30 - 35% plus on top line and 15 - 20% was the EBITDA margin target from at least a nea

20%

ess can potentially grow at like, you know, 30 - 35% plus on top line and 15 - 20% was the EBITDA margin target from at least a near term perspective. Would you like to share any up

30 bps

rst couple of questions are with regards to MDR. So let's say MDR comes up anywhere, whatever 25 - 30 bps, whatever the number it comes up, how much do you expect Paytm is likely to benefit from it, right,

25 basis point

ytm is likely to benefit from it, right, in terms of your GMV, right? So if you think of let's say 25 basis points for MDR, can you get five, seven, eight basis points out of it? Mr. Vijay Shekhar Sharma: Logic

₹2,000

tical difference between UPI incentive and MDR is that incentive is only on transactions less than ₹2,000. So just keeping that in mind, and then obviously there will be detailing. And I think it's slight

100%

gain that market share. So is it safe to assume that the margins will be significantly lower than 100% or it will be closer to 100%? Mr. Madhur Deora: So when we think about what the likely scenarios

3.5%

good news. In terms of take rates, if you look at our historical take rates, it should be about 3-3.5% higher on the merchant loan side, which on a blended basis probably means about 2% higher for fin

2%

ld be about 3-3.5% higher on the merchant loan side, which on a blended basis probably means about 2% higher for financial services, because obviously there's a percentage of it which is personal loan