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

Paytm to stop load wallet via debit card

Apply For Lifetime Free IDFC First Credit Card
A

Abhishek012

TF Pioneer

Paytm to stop load wallet via debit card:​

Got this paytm notification, Seems sooner or later Paytm will stop load money via Debit Card (atleast for free) like they did for Credit card loads.

Time to use Amazon full kyc wallet and transfer to bank/cc bill pay via Amazon wallet UPI

Use HDFC Millennia debit card and RBL Signature+ debit card to get 1% cashback.

FBIMG1689090066942.jpg
 
Last edited:
Apply For LTF AU LIT Credit Card
Sort by date Sort by votes
Abhishek012 said:

Paytm to stop load wallet via debit card:​

Got this paytm notification, Seems sooner or later Paytm will stop load money via Debit Card (atleast for free) like they did for Credit card loads.

Time to use Amazon full kyc wallet and transfer to bank/cc bill pay via Amazon wallet UPI

Use HDFC Millennia debit card and RBL Signature+ debit card to get 1% cashback.

View attachment 22365
Click to expand...
Abhishek012 said:
Time to use Amazon full kyc wallet and transfer to bank/cc bill pay via Amazon wallet UPI

Use HDFC Millennia debit card and RBL Signature+ debit card to get 1% cashback.
Click to expand...
sir is by loading money to wallet and then transferring to account. will bank not take action if they found that for getting cashback people are doing this type of circulation. is this not a violation of fair practise of dc/cc.
 
Apply For LTF HDFC Swiggy Credit Card
Upvote 0 Downvote
deepakj687 said:
sir is by loading money to wallet and then transferring to account. will bank not take action if they found that for getting cashback people are doing this type of circulation. is this not a violation of fair practise of dc/cc.
Click to expand...
Banks have no role after we load money from their card to wallet. So its now wallet's responsibility to restrict the bank transfer. If they're allowing, its not our fault.
 
Upvote 0 Downvote
In the past paytm too had charges for sending wallet to bank.

They made free, at the time when paytm wallet has big hype for it's usage at merchant shops.

There after upi came which disrupted paytm wallet yet paytm adjusting it's losses and profits.

No one competate paytm.

Amazon already aggressive in restricting wallet reloads, when we known wallet reload mcc is of shopping, we looted and payu became the wallet reloader there's bug sometimes shopping mcc comes. Even amazon money upi transactions fails, when we try consecutively reloads to bank
 
Upvote 0 Downvote
Abhishek012 said:

Paytm to stop load wallet via debit card:​

Got this paytm notification, Seems sooner or later Paytm will stop load money via Debit Card (atleast for free) like they did for Credit card loads.

Time to use Amazon full kyc wallet and transfer to bank/cc bill pay via Amazon wallet UPI

Use HDFC Millennia debit card and RBL Signature+ debit card to get 1% cashback.

View attachment 22365
Click to expand...

Only two tricks available without shopping and getting rewards are Paytm load and amazon load
Now Paytm load wont work in cmg weeksl
Only amazon Wallet is left for debit cards

what happens if amazon also stops

Everyone will close bank accounts or close debit cards or downgrade to rupay platinum or 150+gst cards😅😜
 
Upvote 0 Downvote
Rocky Bhai said:
Pr ab kya fayda Paytm wallet me load karne ka jab ki wallet to bank upcoming days me charges lagne Wale hai 😢
Click to expand...
I don't think they will charge for transferring to bank. Since RBI has already notified every wallet company to provide UPI feature, we will always have the option of transferring the amount for free.

But they may charge for adding money via debit card. They can always impose charges on adding money to make up for the losses.
 
Upvote 0 Downvote
Rocky Bhai said:
Lagta hai muze hi khud vdo Dekhna padega ab 😂
Click to expand...
Jo bhi text website pe mention hai woh kaafi phle se hai.
Nothing new in it.

Woh ludo khuch bhi bol raha hai.

Jo Base Charge hai add money from Normal Credit Cards ka woh upto 2.5% hai.

If you add money from Credit Card and then transfer it Bank Account for More than 5000, then Base Charge of upto 2.5% will become upto 4.5% for such users.

That is why for some users it is 2.35% , for Some it is 3.35% and for Some users it is 4.35%

Wallet to Bank Transfer of more than 5k, will Increase only base charge of upto 2.5% to upto 4.5% for adding Money to wallet for upcoming few months

Wallet to Bank remains free free free free.
 
Upvote 0 Downvote
You must log in or register to reply here.

Similar threads

anishcode
  • Question Question
How to load Amazon Pay (upi) wallet load via Debit Card
Replies
9
Views
338
anishcode
anishcode
CoolGeek
  • Question Question
How to buy Prepaid card or load wallet using Rupay CC UPI?
Replies
2
Views
211
CoolGeek
CoolGeek
damn
Possible payment method via Debit Card using Slice for Indusind Select/Exclusive A/C Debit Cards
Replies
7
Views
243
D₹V
D₹V
Bhavik567
Amex bills payment via debit card
Replies
11
Views
529
Sudip
Sudip
R
  • Question Question
Mobikwik started charging for credit card payments via debit card
2 3 4
Replies
60
Views
4K
Hemang
H
Back
Top