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Devaluation AU LIT card wallet load limit reduced to 10% of credit card limit per month?

Visith

TF Buzz
Wallet loads to payzapp was failing today for me when contacted customer care it came to my notice that as per bank internal policy wallet load limit has been reduced to 10% of credit limit per (billing cycle/month not sure). Is there anyone else facing similar issue?
 
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Have you tried loading AU LIT card to payzapp? I tried loading 5K and amount was deducted however it never loaded successfully in the payzapp wallet. Probably it will be credited back to my AU card.
check your annual limits of payzapp, if you crossed 5 lakhs per year then you won't be able to load more, just raise a ticket on payzapp and they will tell you the reason and remaing load limits of current year.
 
All these can be also done by using Amazon gift vouchers as well, right? Anywhere else that the wallet amount can be used for where gift vouchers can't be used?
Any UPI transaction

Bank Transfer

Any kind of cash payment

For some payment option on other websites/App, amazon gift card amount can not be used(like milkbasket...currently option removed to use apay wallet, but upi can be used)
 
Any UPI transaction

Bank Transfer

Any kind of cash payment

For some payment option on other websites/App, amazon gift card amount can not be used(like milkbasket...currently option removed to use apay wallet, but upi can be used)
Ohh okay, but it has more 2% convenience fee, right? While gift vouchers doesn't
 
Any UPI transaction

Bank Transfer

Any kind of cash payment

For some payment option on other websites/App, amazon gift card amount can not be used(like milkbasket...currently option removed to use apay wallet, but upi can be used)
That is because UPI payment does not have any MDR or commission whereas Amazon pay vouchers do.
Merchants accepting Amazon pay as payment will have to pay MDR or commission to Amazon
 
Had a conversation with CC. She confirmed that 10% limit to wallet load implemented in 3-4 days back. It's monthly limit. She confirmed the same.
So wallet load limit using using AU Lit card is--
5000 per transaction
20 minutes gap between transactions
15000 per day
10% of AU Lit credit card limit per calendar month
 
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