PolicyMint
UPI MDR rollout after Diwali affects Paytm and others
Positive+32
GreyOak summary
NPCI deferred UPI Merchant Discount Rate (MDR) implementation until after Diwali. A 0.4% charge applies to P2M transactions over Rs 2,000, capped at Rs 300. This change creates a recurring revenue stream for payment companies like Paytm, MobiKwik, and Pine Labs.
What it affects
- One 97 CommunicationsPAYTMPositive +32
May gain recurring revenue from MDR charges.Rolling sentiment Positive +42
Source
Read the original at MintMore One 97 Communications news
- Paytm zooms 7%, reclaims Rs 1,900 for 1st time since listing day in Nov 2021Business Standard · IPO & listing ·
- Ashok Leyland, Paytm slip after 6-day rallyBusiness Standard · Stock view ·
- Helios Mid Cap Fund adds Aurobindo Pharma, increases stake in PaytmEconomic Times · Company update ·
- Jefferies picks 18 stocks as geopolitical tension easesFinancial Express · Stock view ·