Paytm, MobiKwik, Pine Labs shares rally up to 6% after govt announces UPI fees above Rs 2,000. Why brokera
- Posted on September 16, 2026
- By Business News Today
- 1 Views
- 1 min read
In brief
India's fintech sector experiences significant market momentum following the government's announcement of merchant discount rates on UPI transactions exceeding Rs 2,000. Starting October 15, digital payment platforms will implement a 0.4% fee structure on eligible peer-to-merchant transactions, with a maximum cap of Rs 300 for payments above Rs 75,000. This regulatory development has triggered positive investor sentiment across major payment solution providers.
Summary auto-generated by AI from the original publisher's content. Editorial standards.
Paytm, MobiKwik, Pine Labs shares rally up to 6% after govt announces UPI fees above Rs 2,000. Why brokera
Paytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select UPI transactions above Rs 2,000. From October 15, merchants will pay a 0.4% fee on eligible P2M UPI transactions, capped at Rs 300 for payments of Rs 75,000 or more.
