Paytm, MobiKwik rise as NPCI mulls UPI MDR delay

Shares of Paytm rose 2.5% and MobiKwik surged 8% on Friday as NPCI's UPI Steering Committee considered deferring MDR charges on UPI transactions. The proposed 0.4% fee on transactions above ₹2,000, originally set for October 15, 2026, may be postponed to January 2027 following pushback from merchants, fintechs, and payment providers.