UPI MDR Fees: Why Fintech Stocks Like Paytm Could See A Revenue Boost | Market Expert Explains

UPI MDR Fees: Why Fintech Stocks Like Paytm Could See A Revenue Boost | Market Expert Explains

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Sakshi Batra
  • Updated Sep 18, 2026 2:33 PM IST

 UPI transaction fees and their impact on fintech companies are in focus, with Pine Labs and Paytm among the stocks being discussed. Kshitiz Mahajan, CEO, Complete Circle, explains how MDR charges work, who bears the cost and why fintech companies could benefit from the new revenue opportunity. The discussion also covers credit card fees, UPI transactions, mutual fund payments and alternative bank transfer options such as RTGS and NEFT. Understand the potential impact on fintech profitability, customers and the broader digital payments ecosystem with Business Today.

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