Why One 97 Communications, parent of Paytm shares rose 5% in trade today?

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Why One 97 Communications, parent of Paytm shares rose 5% in trade today? - Business Standard

Quick Summary:

MDR is the fee charged to merchants for accepting digital payments, usually as a percentage of the transaction amount.

Besides, the government is also expected to mull a tiered pricing model for UPI, where larger merchants would incur higher charges, while smaller businesses would pay a reduced fee.

As per reports, the banking industry's large merchants have made a formal request to reintroduce MDR on UPI transactions to the Union government, and the relevant departments are reviewing it.