Paytm, Mobikwik Share Price Fall Over 5% Amid Reports on UPI MDR Delay

Written by: Team Angel OneUpdated on: 8 Oct 2026, 4:54 pm IST

Paytm and Mobikwik shares fell up to 10% amid reports of a delay in the new UPI MDR framework implementation to January 1, 2027.

Share price of digital payment platforms Paytm and Mobikwik experienced a decline of up to 10% on the BSE amid news reports suggesting a delay in the implementation of the new UPI Merchant Discount Rate (MDR) framework.

The rollout, initially set for October 15, 2026, is now likely to be deferred to January 1, 2027, as per news report.

One 97 Communications, the parent company of Paytm, saw its share price drop by 10% to ₹1,560.60 on the BSE. By 09:28 AM, a total of 3.64 million shares had been traded on the NSE and BSE.

This decline marks a 16% fall from its 52-week high of ₹1,856.50, recorded on September 16, 2026. Earlier, the stock had appreciated by 96% from its 52-week low of ₹947.15 on March 30, 2026.

Mobikwik's share price fell by 7% to ₹238.25 on the BSE. In the past 3 trading days, the stock had rallied 22%. A total of 6.76 million shares were traded on the NSE and BSE.

Delay in New UPI MDR

The pressure on the share prices of Paytm and Mobikwik is attributed to reports of a potential delay in the new UPI MDR framework's implementation. Initially set for October 15, 2026, the rollout might be postponed to January 1, 2027.

The government had announced a 0.4% MDR on UPI payments above ₹2,000, with a cap of ₹300 per transaction. The delay aims to provide additional transition time during the festive season.

As of October 08, 2026, at 10:49 AM, One97 Communications share price on NSE was trading at ₹1,642.70 down by 5.16% from the previous closing price.

As of October 08, 2026, at 10:53 AM, One MobiKwik Systems share price on NSE was trading at ₹241.37 down by 5.74% from the previous closing price.

Conclusion

Paytm's share price fell 10% to ₹1,560.60, while Mobikwik's dropped 7% to ₹238.25 amid reports of a delay in the UPI MDR framework. The implementation, initially set for October 15, 2026, is now likely to be postponed to January 1, 2027.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 8, 2026, 11:24 AM IST

Team Angel One

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