banner
Thursday, October 8, 2026
Home BusinessIndian payment stocks slide after report on UPI MDR rollout delay,

Indian payment stocks slide after report on UPI MDR rollout delay,

by Nishat
0 comments

Oct 8 (Reuters) – Shares of Indian ​digital payments ‌firms slid on ​Thursday after ​CNBC-TV18 reported that ⁠the ​proposed introduction ​of merchant discount rates (MDR) on ​Unified ​Payments Interface (UPI) transactions may ‌be ⁠delayed by several months.

Shares ​of ​Paytm (PAYT.NS), ⁠declined 7.6% and ​One ​Mobikwik ⁠Systems (ONEM.NS),slipped 7.2%.

Reporting by ⁠Saikeerthi ​in ​Bengaluru; Editing by ​Sherry Jacob-Phillips

banner

You may also like

Leave a Comment