{
  "id": 7739653,
  "title": "Paytm & peers party on D-St on UPI charge news",
  "url": "https://urgent.news/2026/09/16/paytm-peers-party-on-d-st-on-upi-charge-news",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-16T03:55:35.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/paytm-mobikwik-pine-labs-shares-rally-up-to-6-after-govt-announces-upi-fees-above-rs-2000-why-brokerages-are-bullish/articleshow/134277476.cms"
  },
  "original_language": "en",
  "account": "Paytm, MobiKwik, and Pine Labs experienced a surge in their shares on Wednesday following the government's announcement of a new Merchant Discount Rate (MDR) on select UPI transactions above Rs 2,000. Paytm shares climbed 6% to a day's high of Rs 1,829, while MobiKwik Systems rose over 5% to Rs 213 and Pine Labs gained nearly 3% to Rs 199. The National Payments Corporation of India (NPCI) explained that the government will introduce the MDR starting October 15, with merchants paying 0.4% on transactions above Rs 2,000, with a maximum fee of Rs 300 for payments of Rs 75,000 or more. Small merchants under the Person-to-Merchant (P2M) framework, including vendors receiving up to Rs 1 lakh monthly through UPI QR codes, will remain exempt from the MDR. The Reserve Bank of India supported the MDR, stating that it will help ensure the long-term sustainability of India's digital payment ecosystem.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}