• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Paytm Payments Bank wallet

Paradjanov

TF Buzz
Over the past few weeks, I’ve been getting mails from Paytm, asking me to activate my Payments Bank wallet. I believe the RBI has strictly banned any [further] deposits into these wallets at all, and any further “action” on or regarding these wallets – except to use the balance that’s already there – is banned.

In which case, aren’t such emails from Paytm provoking the re-usage of these wallets illegal – or redundant, at the least – as well?

Thoughts?
 

Attachments

  • ppp.webp
    ppp.webp
    34.9 KB · Views: 126
Over the past few weeks, I’ve been getting mails from Paytm, asking me to activate my Payments Bank wallet. I believe the RBI has strictly banned any [further] deposits into these wallets at all, and any further “action” on or regarding these wallets – except to use the balance that’s already there – is banned.

In which case, aren’t such emails from Paytm provoking the re-usage of these wallets illegal – or redundant, at the least – as well?

Thoughts?
Paytm is the worst in terms of customer support, they open bank accounts without any concert from people. Better to avoid or unsubscribe the mails.

As a technology in payment solutions, it's a very good company with innovations.

Ego of Vijay Shekhar Sharma to accept some decisions mentioned by other promoters has spolied the company

When Vijay Shekhar Sharma gives a public announcement to press about any growth ideas it means stock will be falling in next days heavily.
 
I don't use paytm anymore. The offers are not good. I don't even understand what is the use of this app any more? The app itself has become difficult to navigate.
 
Paytm is the worst in terms of customer support, they open bank accounts without any concert from people. Better to avoid or unsubscribe the mails.

As a technology in payment solutions, it's a very good company with innovations.

Ego of Vijay Shekhar Sharma to accept some decisions mentioned by other promoters has spolied the company

When Vijay Shekhar Sharma gives a public announcement to press about any growth ideas it means stock will be falling in next days heavily.
For UPI, I used to use GPay earlier. However, I’ve had several instances where money was deducted from my account, but the credit to the recipient would remain pending for upto 48 hours. This became a concern while paying tax-fares, etc, across cities.

Which provoked me to move to Paytm, where – despite its flaws – they have been [almost] no “pending payments” that I’ve encountered. If a payment doesn’t go through, it is immediately evident to the payer. So you could safely retry the payment, secure in the knowledge that the first attempt did not – and will not – go through.

“They open bank accounts without any concert from people”
Yes, this is indeed true. And seems to apply to Airtel Payments Bank as well.
 
For UPI, I used to use GPay earlier. However, I’ve had several instances where money was deducted from my account, but the credit to the recipient would remain pending for upto 48 hours. This became a concern while paying tax-fares, etc, across cities.

Which provoked me to move to Paytm, where – despite its flaws – they have been [almost] no “pending payments” that I’ve encountered. If a payment doesn’t go through, it is immediately evident to the payer. So you could safely retry the payment, secure in the knowledge that the first attempt did not – and will not – go through.

“They open bank accounts without any concert from people”
Yes, this is indeed true. And seems to apply to Airtel Payments Bank as well.
Because of bank servers , this problem has become more. Someday banks show this as the concern and will force govt to charge fee to make bank infra better.

In gpay try to remove HDFC vpa , it should solve the problem. HDFC is the worst banking infra when it comes to consumer banking. Conjuse in terms of infra when it comes to consumer.
 
Back
Top