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Tide RuPay card dropped a BOMB when announced that it has crossed 200K SME in India | Target 500K by December 2024

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FinoGuy said:
It's upto you if you want to share your kyc details including aadhar with them. Moreover only few apps like these sustained for example muvin, pencilton, junio, etc. Junio is still there, pencilton dead. You never know when they suddenly close.
Going by current numbers, they may become next bharatnxt..
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After the RBI crackdown on NBFC issued credit cards, mereko toh Onecard, Niyo aur Uni se bharosa uth gaya 🤐

Never even heard of these names you have mentioned 😵
 
Sleepyk said:
After the RBI crackdown on NBFC issued credit cards, mereko toh Onecard, Niyo aur Uni se bharosa uth gaya 🤐

Never even heard of these names you have mentioned 😵
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These are prepaid Wallet card. Tide, muvin, pencilton, Junio, etc all are prepaid wallet cards same like Paytm Wallet card, Mobikwik Wallet card etc.
 
Abhishek012 said:
These are prepaid Wallet card. Tide, muvin, pencilton, Junio, etc all are prepaid wallet cards same like Paytm Wallet card, Mobikwik Wallet card etc.
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Yar everytime, you used to said you will get all the news before publishing.

Don't you aware that already, the pencilton(100%) shut their shop even muvin (99.9%) too.????

By the way, please don't refer tide as prepaid wallet card, it's just prepaid card as of now*

Also dont refer Tide as Neo-bank. Even in it's UK site they mentioned tide as e-money accounts only. 🤣🤣🤣
 
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Tejo said:
Yar everytime, you used to said you will get all the news before publishing.

Don't you aware that already, the pencilton(100%) shut their shop even muvin (99.9%) too.????

By the way, please don't refer tide as prepaid wallet card, it's just prepaid card as of now*

Also dont refer Tide as Neo-Open. Even in it's UK site they mentioned tide as e-money accounts only. 🤣🤣🤣
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Ek leher(tide) aayegi aur doob jayegi
 
Tide is treated as a business acct. Right now the Income tax & GST people are not looking into it. But they can always take all credits as business receipts and ask for both GST and Income tax.
 
panchabhut said:
Tide is treated as a business acct. Right now the Income tax & GST people are not looking into it. But they can always take all credits as business receipts and ask for both GST and Income tax.
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Tide is treated as domestic prepaid card.
 
Tejo said:
Tide is treated as domestic prepaid card.
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They have 2 active products: Business Current Account & Business Expense Card. The Expense Card is a RuPay network pre-paid card.
Thats why they are claiming to have 200K SME (Small & Medium Enterprise) users.
If a person is doing business expense, its naturally with the intention to generate business income.
 
panchabhut said:
They have 2 active products: Business Current Account
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Do you open that business current account?

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@panchabhut they don't provide current accounts in india even europe too. Only prepaid cards.

Refer at
1. tide.co
2. tide.co/en-in/

Note for Chapri's:
For them these are business ac's as we spend they get paise as we give/(load2card) our money, they gain some networth.
 
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"Prepared" card?
Card is different from a current acct. The two are separate product.
The card is officially designated as a "business expense" card for SME. Same is indicated in the playstore also. They claim all users to be SME. As long as the taxman looks the other way, everything is great. But if the taxman comes calling, then there will be lot of paperwork and headache. unnamed.jpg
 

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