Hello Friends,
Today, after making a cumulative payment of around one Lac on 5-6 of my cards, just found out that Paytm has charged fee for all the payments.
This was the case in the month of March-April when such charges were introduced but later on, the same were either withdrawn or were not noticed.
Although the charges are almost static but a Rs. 64/- levy on 5000/- payment is more than one percent. But when paid another one for around 24000/- only Rs.128 were charged.
What is the logic and maths behind it. There is no percentage even mentioned when clicked on the ℹ️ tab against the convenience fee amount.
It seems it is better to pay only big amounts from Paytm and not the retail charges as it would not make sense, anymore.
What is your experience in this respect?
Today, after making a cumulative payment of around one Lac on 5-6 of my cards, just found out that Paytm has charged fee for all the payments.
This was the case in the month of March-April when such charges were introduced but later on, the same were either withdrawn or were not noticed.
Although the charges are almost static but a Rs. 64/- levy on 5000/- payment is more than one percent. But when paid another one for around 24000/- only Rs.128 were charged.
What is the logic and maths behind it. There is no percentage even mentioned when clicked on the ℹ️ tab against the convenience fee amount.
It seems it is better to pay only big amounts from Paytm and not the retail charges as it would not make sense, anymore.
What is your experience in this respect?
