The Company Made a Big Change: There has been a lot of boom in digital payments in the country during the Corona era. And the use of mobile wallets has increased. From grocery stores to household items, paying electricity and water bills, booking gas cylinders, recharging mobiles and DTH, or ordering online, people are increasingly using paytm wallets. People put money from a credit card into a paytm wallet and transact in an instant. There is bad news for you if you also use paytm for normal transactions. Using Paytm has once again become expensive.
According to the Paytm web site, if a user consolidates money with a credit card in a paytm wallet, an extra charge of 2.5% will be charged. This rule will come into force from 15 February 2021.
If you add credit money from American Express, you will have to pay 3% extra charge. Many users say that adding money to a credit card in a paytm wallet carries a charge of 2.07%. Users there say they are being charged 4.07%.
When will the extra charge be charged?
Prior to this, from October 15, 2020, many people used to add money to their paytm wallet by credit card, but they were charged 2% more. If you add Rs 100 to a paytm wallet with a credit card, you had to pay Rs 102 with a credit card. However, there is no extra charge for making paytm payments on any Pum Merchant site.
There is no charge for transfer from Paytm to Paytm Wallet. Then there is no charge for adding money to a paytm wallet from a debit card or netbanking. The company had earlier changed the rules on January 1, 2020. The company has started charging 2% for adding more than Rs 10,000 to a credit card in a month.