Vijay Sharma on zero MDR policy
From Vijay Shekhar Sharma On Why Paytm's GMV Rate Rose But Take Rate Fell · · NDTV Profit
“if there is a zero percent mdr that is because of paytm we always champion zero percent mdr because that spreads and i was quoted in the newspaper saying zero percent mdr is a force multiplier of this digitization and that is very visible if you charge the merchant for basic payment they would not take it if you charge the merchant for additional services reconciliation extra credit on the table and every other service that you can give but he will happily give you because he's growing the business”
On , Vijay Sharma, CEO & Founder at Paytm, spoke about zero MDR policy during Vijay Shekhar Sharma On Why Paytm's GMV Rate Rose But Take Rate Fell on NDTV Profit.
About Vijay Sharma
Vijay Sharma, the CEO of Paytm and Home Minister of Chhattisgarh, has been active in both business and politics. In a May 2026 earnings call, Sharma discussed Paytm's first full year of profitability, reporting Q4 revenue of ₹2,264 crore and a 26% year-on-year increase. He stated that the company is a "pure technology platform" and expressed confidence in operating leverage and margin expansion, noting that the company is not pursuing an NBFC license. He also commented on the company's approach to AI, saying, "I feel lucky that we did not dump lot of money earlier because in the AI world everything resets." In his political capacity, Sharma criticized former Chief Minister Bhupesh Baghel for allegedly threatening police in Surajpur, saying, "ऐसा धमकी देंगे तो इनकी सरकार कभी नहीं आएगी छत्तीसगढ़ में" (If they keep threatening like this, their government will never come in Chhattisgarh). He also conducted a test of the Dial 112 emergency service by posing as an accident victim, and later inspected the response. On the topic of liquor policy, Sharma stated that the government has no discussion on prohibition, but is focused on action against dry drugs and illegal liquor, while ensuring availability from government shops. He also noted that the previous Congress government had doubled the number of liquor shops.