Paytm two per cent fee on credit cards – About Your Online Magazine


It is also offering an offer, in which users will receive a 2% refund of up to Rs 200 when adding a minimum of Rs 50 using a credit card

Until now, users had to pay a 2 percent fee if they loaded more than Rs 10,000 into their e-wallets via credit card in one month.


PTI
|

New Delhi
|
Posted on 18.10.20, 12:19

2 min reading

->


Paytm users will have to pay a 2% fee on the value added to their electronic wallet by credit card.

Until now, users had to pay a 2 percent fee if they loaded more than Rs 10,000 into their e-wallets via credit card in one month.

“A nominal 2 percent fee applies when adding money using a credit card. The nominal fee is applicable as we pay high fees to your bank when you add money using a credit card. Use UPI or debit card to add money for free, ”said a message when customers tried to add money to their Paytm wallet by credit card.

Paytm is also offering an offer, in which users will receive a 2% refund of up to Rs 200 when adding a minimum of Rs 50 using a credit card, according to the message.

A spokesman for Paytm Payments Bank said customers have the flexibility to add money to Paytm’s wallet from any preferred funding source, including UPI, net banking and cards.