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UPI credit card earning more than 500rewards

humptydumpty

TF Select
i noticed i got more than 500rewards in a month ,are u guys sure 500 limit is there for rupay upi cc transactions?hdfc regalia rupay cc
 

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On Paper it is 50k. Practically from
Rs.1 Payment, it is counted under P2M.

Paytm has started classifying Payments in P2M and P2PM.

For Paytm Merchants, who have Business Account and enabled Instant Settlement I.e, Payment made by you via UPI on such Merchant QR will directly hit Merchant's Bank Account and such Paymensts will go in P2PM category. Therefore txns via Bank Account will get successful but txns via Rupay Credit Card will get Declined .

For Paytm Merchants who have Business Account but Payments are settled either in batches or next day, Payment made by you via UPI on such Merchant QR will directly hit Paytm Business Account and then Paytm Transfers it to Merchant's Bank Account either in Batches or next day as opted by the respective Merchant and such Payments will go in P2M Category.

If your not able to pay to any paytm merchant via RUPAY CC UPI who have a business Account then ask him to disable Instant settlement and enable automatic settlement.
So if i use that to transfer money back to my account, will there be any issues.
Is the merchant is on my pan , and card also on my pan
 
So if i use that to transfer money back to my account, will there be any issues.
Is the merchant is on my pan , and card also on my pan
I will recommend avoid it.
If you transfer money from Rupay CC UPI to your own paytm merchant Account, in statement your name will appear and Bank will easily identify you are transferring money in to your own Account.
 
But for me it's showing my wife name , but that has my pan linked to it .
I can see that in Unsettled Transaction in HDFC app , does it change after it gets settled?
No. It will remain same but this is unusual that Name is different from Name on Linked PAN Card
Will not cross above 10-20k in any month
Since you have tagged the right person, he will be able to clarify in detail
 
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