Fintech stocks decline 10% on delayed UPI fee rollout
after close1 source ↓machine-written, see hownot a recommendation
- following the announcement
- 10%
- on transactions
- 0.4% fee
Fintech stocks fell sharply on 8 Oct 2026, with Paytm dropping nearly 10% following the announcement of a delay in the rollout of the Merchant Discount Rate (MDR) on UPI transactions. Other companies like Pine Labs and Mobikwik also faced significant declines. This delay in implementing a 0.4% fee on transactions over ₹2,000 has raised concerns about revenue impacts for fintech firms.
Not investment advice. For informational purposes only.