Paytm: Surges 6.5% as Govt Plans to Bring Back UPI Merchant Fees

Paytm: Drop 4% Amid SEBI Notice to Vijay Shekhar Sharma Over IPO

Paytm shares jumped 6.5% to 710 after reports suggested the Indian government may reinstate the merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions for businesses with turnover above Rs 40 lakh. This move could boost Paytm’s revenue by allowing it to monetise payment services. A tiered pricing model is also being considered. Paytm shares have surged 71% in the past year, far outperforming the Sensex’s 0.8% rise.

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