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stocks Bearish

Paytm, Pine Labs, Mobikwik shares crash up to 7% as UPI MPR fee rollout delayed beyond Diwali

Economic Times 13 October 2026 at 10:44 am 1 min read 1 views Read Original

Shares of Paytm, Pine Labs dropped after NPCI delayed the rollout of merchant discount rate (MDR) fees on select UPI transactions beyond Diwali. The rollout, earlier scheduled for October 15, was expected to boost fintech companies’ earnings during the festive season. NPCI said the revised implementation date would be communicated to stakeholders soon.

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