Paytm wallet balance now usable on all upi apps

[Wealth is my birth right!]

Expecting the rotation of CC money using this trick to become even more if Paytm doesn't close this loophole anytime soon. I don't think Paytm wants to get into more troubled waters when it is already having a tough time dealing with RBI.

Agreed
Uber way of looting with payzapp almost several lakhs got rotated this month🤔

 

[Dragon_slayer]

With this move, I feel adding money to wallet using Uber/Zomato/Swiggy via CC will be closed off. 🙄

How does this work? What are the advantages, can you explain please

 

[NewUser]

With this move, I feel adding money to wallet using Uber/Zomato/Swiggy via CC will be closed off. 🙄

This still a thing? I stopped doing this after I found the points are getting reversed(points against adding to wallet via Swiggy/Zomato are shown in statement, but at the end of the statement sheet, there's a separate section for "Reversal of points". Equivalent points are subtracted mentioning the reason as 'wallet load')

 

[hashk4]

This still a thing? I stopped doing this after I found the points are getting reversed(points against adding to wallet via Swiggy/Zomato are shown in statement, but at the end of the statement sheet, there's a separate section for "Reversal of points". Equivalent points are subtracted mentioning the reason as 'wallet load')

Which card? It should be working fine for cards providing wallet load cashback like IDFC cards & Stan Chart Ultimate

 

[Walter White]

This still a thing? I stopped doing this after I found the points are getting reversed(points against adding to wallet via Swiggy/Zomato are shown in statement, but at the end of the statement sheet, there's a separate section for "Reversal of points". Equivalent points are subtracted mentioning the reason as 'wallet load')

Still getting the points on Amex

 

[Wealth is my birth right!]

Still getting the points on Amex

Amex gives points for wallet load
This month also I got

 

[satviksehgal]

folks Amex gives points on any and every wallet loads.

rest they do not give you points for things 🙁

 

[Walter White]

How does this work? What are the advantages, can you explain please

Go to Uber/Zomato app. Click on add money. Select Paytm and enter card details. Max 4000 per card per account.

You won't have to pay charges on Paytm while loading via CC.

 

[Dragon_slayer]

Go to Uber/Zomato app. Click on add money. Select Paytm and enter card details. Max 4000 per card per account.

You won't have to pay charges on Paytm while loading via CC.

So am I adding money to Uber / Zomato here ? Or on paytm ?

 

[Walter White]

So am I adding money to Uber / Zomato here ? Or on paytm ?

You'll add money to Paytm wallet via third party app which in this case is Uber/Zomato.

 

[Dragon_slayer]

Understood the process, btw is the limit 4K per month? so it reset on start of every month?

 

[thanix]

Agreed
Uber way of looting with payzapp almost several lakhs got rotated this month🤔

Probably in the entire history of Payzapp they would have seen this transaction volume and size 😜

And HDFC will think because of new app transactions have increased 😁

 

[Walter White]

Understood the process, btw is the limit 4K per month? so it reset on start of every month?

Yes and yes
Make multiple accounts to increase limit 😜

 

[Dragon_slayer]

Yes and yes
Make multiple accounts to increase limit 😜

Thank you very much mate. Just one last ques, on Axis Vistara CC will I get CV points for adding money to the wallet this way? Or some cashback using SBI cashback card

 

[Walter White]

Thank you very much mate. Just one last ques, on Axis Vistara CC will I get CV points for adding money to the wallet this way? Or some cashback using SBI cashback card

You won't get points on Axis Vistara. SBI Cashback has exclusions for wallet loads. Amazon Pay card will give you 1%.

https://www.technofino.in/community/threads/11-best-credit-cards-for-digital-wallet-loads.4837/

 

[Wealth is my birth right!]

Probably in the entire history of Payzapp they would have seen this transaction volume and size 😜

And HDFC will think because of new app transactions have increased 😁

They should not charge for wallet load looking at the volume lol

 

[NikTravelEnthusiast]

I tried Payzapp merchant scanner.Its not showing paytm wallet option for payment.

 

[sv004]

I guess feature will be rollled out in few days

 

[NewUser]

Which card? It should be working fine for cards providing wallet load cashback like IDFC cards & Stan Chart Ultimate

HDFC Infinia. Earlier this worked for Infinia as well. But then they began the reversal as mentioned in my previous comment.
Will try IDFC Wealth then.

 

[hashk4]

when did Infinia gave points for wallet load? AFAIK, only Millennia in HDFC.

AFAIK Infinia will give points and then reverse it for wallet and other ineligible spends.