New charge on adding money to Paytm wallet

[Strange]

From 9th December, 2022 adding Money to Wallet through Net Banking (other than through Paytm Payments Bank) will be charged up to 1.5% (exc. of GST).| Charges for cheque dishonour due to financial reason: Rs.500



More info: https://www.paytmbank.com/ratesCharges

 

[thespy11]

From 9th December, 2022 adding Money to Wallet through Net Banking (other than through Paytm Payments Bank) will be charged up to 1.5% (exc. of GST).| Charges for cheque dishonour due to financial reason: Rs.500

View attachment 7144

More info: https://www.paytmbank.com/ratesCharges

debit card se bhi charge lagega 🙄

 

[Strange]

debit card se bhi charge lagega 🙄

No update about debit card yet.

 

[thespy11]

No update about debit card yet.

oh ,lets see i think they will impose them on too

 

[thanix]

If you go to the link, there is no mention of Debit card but they suggest using UPI to load the wallet free of charge.

Also, they are planning to levy maintenance charges on unused wallets at least once in last two years from 1 Jan. So if you have any balance left, take it out or use once to keep the wallet.

Terms also includes the 4.5% service charges for those users who transfer money back to Bank account.

 

[PavanPavan is verified member.]

If you go to the link, there is no mention of Debit card but they suggest using UPI to load the wallet free of charge.

Also, they are planning to levy maintenance charges on unused wallets at least once in last two years from 1 Jan. So if you have any balance left, take it out or use once to keep the wallet.

Terms also includes the 4.5% service charges for those users who transfer money back to Bank account.

Where it says 4.5% charges ?

 

[thanix]

 

[thanix]

A surcharge of upto 2% shall be levied if the bank transfer is more than 5k after loading from credit card.

 

[pranavcool]

looks like time to end using paytm

 

[PavanPavan is verified member.]

A surcharge of upto 2% shall be levied if the bank transfer is more than 5k after loading from credit card.

Everything is chargeable and now we can't even use credit card for insurance payments

 

[thanix]

Everything is chargeable and now we can't even use credit card for insurance payments

After their share price tanked, they are under huge pressure to become profitable. So expect more charges. Anyhow, PayTM concept of wallet is already killed by UPI.

 

[Abhishek012]

View attachment 7320

got another info -

Wallet Maintenance Charges

A nominal maintenance fee will be charged to all users each quarter for maintenance of their Paytm Wallet from 1 January 2023. This fee will be waived off for users who have made at least one Wallet transaction in the last 2 years. These charges are levied for the recovery of costs for services offered by Paytm Payments Bank for maintenance of user wallets. Full KYC users will be charged a fee of INR 15 per quarter (excl. GST), while all other users will be charged INR 5 per quarter (excl. GST).

 

[AsB]

I only use PayTM for their best UPI services.
I used to make bill payments, but they are charging platform fees.
Now, I will only use UPI services of PayTM.
Pata nahi, monetization karne ke liye Axis bank style charges kyon laga rahe hein.

 

[Wealth is my birth right!]

I only use PayTM for their best UPI services.
I used to make bill payments, but they are charging platform fees.
Now, I will only use UPI services of PayTM.
Pata nahi, monetization karne ke liye Axis bank style charges kyon laga rahe hein.

Cc bills by dc I don’t get any extra or u mean other utilities

 

[AsB]

Cc bills by dc I don’t get any extra or u mean other utilities

Yes. For a few days, I was getting Platform charges for CC bills via DC. But, now I am not getting anything.