PhonePe may restart IPO process after new UPI fee rules
Mint, citing two sources, reports that NPCI's decision to allow a 0.4% fee on high-value UPI transactions from October 15 gives PhonePe clearer revenue prospects.
TLDR
PhonePe may restart its initial public offering process, Mint reports. Two sources told Mint that NPCI's decision to allow a 0.4% fee on high-value UPI transactions from October 15 provides long-awaited revenue visibility, rekindling the company's IPO plans.
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