PhonePe Wallet load through HDFC Millennia DC

[bran_the_shipwright]

If you don't know what you are doing, I'd recommend to stay away from payzapp wallet load. Other wallets are fine, though. Since payzapp is by HDFC, it is easy to track money rotation. There is a high probability that your HDFC bank account may be frozen temporarily and you may have to explain what you did.

It is easy to misunderstand what other people have written here and does things differently than the intended purpose. Be safe and stay away from Payzapp for wallet load, unless you are going to use it mainly for Scan&Pay in shops.

if I transfer 5k everyday for 8 days to Amazon wallet using millenia dc and then transfer 5k back to hdfc account using wallet upi will either Amazon or hdfc flag my account? Basically same 5k is being rotated. I guess I could pay cc bills but I am in the process of getting sbi v dc

More worried about Amazon as I use lot of gift vouchers.

 

[AlgoTrader]

if I transfer 5k everyday for 8 days to Amazon wallet using millenia dc and then transfer 5k back to hdfc account using wallet upi will either Amazon or hdfc flag my account? Basically same 5k is being rotated. I guess I could pay cc bills but I am in the process of getting sbi v dc

More worried about Amazon as I use lot of gift vouchers.

it is highly risky as it creates a pattern

 

[bran_the_shipwright]

it is highly risky as it creates a pattern

What should I do? Transfer into a relatives account?