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Will MDR on UPI be postponed to January 1? Paytm, One Mobikwik, shares rebound amid uncertainty

Will MDR on UPI be postponed to January 1? Paytm, One Mobikwik, shares rebound amid uncertainty

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Shares of Paytm, One Mobikwik Systems and other fintech firms rebounded on Friday, a day after they ended lower amid reports that a proposal to defer the rollout of merchant discount rate (MDR) on UPI to January 1, from October 15, is under consideration. Shares of One 97 Communications, which owns…

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