Indian payment stocks slide after report on UPI MDR rollout delay,
08/10/2026 05:16
Indian payment stocks slide after report on UPI MDR rollout delay, 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)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
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