Paytm wins, but ATM also wins! Why CMS Info Systems shares jumped 7% on UPI MDR

September 16, 2026

CMS Info Systems shares rose on Wednesday after the government announced MDR on select UPI transactions above Rs 2,000, making the company a potential direct beneficiary. From October 15, merchants will pay 0.4% MDR on eligible P2M UPI transactions, capped at Rs 300 for payments of Rs 75,000 or more.

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