{
  "id": 7749124,
  "title": "Paytm shares jump over 7%; Pine Labs, One Mobikwik pare early gains",
  "url": "https://urgent.news/2026/09/16/paytm-shares-jump-over-7-pine-labs-one-mobikwik-pare-early-gains",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-16T09:05:35.000Z",
  "source": {
    "name": "YourStory",
    "slug": "yourstory",
    "url": "https://yourstory.com/2026/09/paytm-shares-jump-over-7-pc-pine-labs-one-mobikwik-pare-early-gains"
  },
  "original_language": "en",
  "account": "Fintech companies witnessed a surge in their stock prices on Wednesday following the government's introduction of a 0.4% fee on transfers exceeding Rs 2,000 to merchants via the UPI platform, effective October 15. One97 Communications Ltd, the parent company of Paytm, saw its shares jump by 7.24%, reaching a 52-week high of Rs 1,856.50 on the BSE. Paytm's shares climbed by 7.24% during intra-day trading, hitting a new high. One Mobikwik Systems Ltd and Pine Labs also experienced gains, with their stocks rising by 5.96% and 2.68% respectively. However, Pine Labs saw its gains narrow as its shares declined by 7% and 2% respectively. The government's decision to end fully free UPI payments marked the end of an era for the world's largest real-time payments system, while ensuring that individual users would continue to use UPI without any charges.",
  "summary": "Ending nearly six years of fully free UPI, the government on Tuesday introduced a 0.4% fee on transfers worth more than Rs 2,000 made to merchants through the platform from October 15.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Top News",
        "title": "Paytm, MobiKwik, Pine Labs shares rally up to 6% after govt announces UPI fees above Rs 2,000. Why brokerages are bullish",
        "url": "https://urgent.news/2026/09/16/paytm-mobikwik-pine-labs-shares-rally-up-to-6-after-govt-announces",
        "published": "2026-09-16T03:55:35.000Z"
      }
    ]
  },
  "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."
}