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Paytm and One Mobikwik shares rise on UPI MDR framework

Paytm’s parent One 97 Communications and One Mobikwik rose in opening trade after NPCI announced a new MDR framework for select UPI transactions.

PAYTM

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04:13:29 AM UTC
SquawkNews
Shares of Paytm NSE:PAYTM, One Mobikwik NSE:MOBIKWIK, Yes Bank NSE:YESBANK advanced on Wednesday after India's payments authority introduced a 0.4% fee on select person-to-merchant transactions above 2,000 rupees (about $20) from October 15.Paytm, One Mobikwik, Yes Bank and Axis Bank gained between…

Paytm, One Mobikwik, Yes Bank and Axis Bank gained between…