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Shock to Paytm users! Paytm starts charging more than 2 percent from selected user if you add money through a credit card

If you also use Paytm Wallet for normal transactions, then now you are ready to pay a little more money. According to Paytm, if a user adds money to a Paytm wallet by credit card, then he will have to pay an extra charge of 2.5 percent.

New Delhi.  You use Paytm Wallet to buy goods from grocery stores, pay water and electricity bills, book gas cylinders, recharge mobile and DTH or for online orders. Paytm has emerged as the largest digital payment option across the country due to the highest circulation. Because of this, people are making small and big transactions by loading money from credit card into Paytm wallet. If you also use Paytm for normal transactions then this is bad news for you. Using Paytm has become expensive again.




2.07 to 4.07 per cent extra charge

According to the information given on paytmbank.com/ratesCharges, now if a user adds money to the Paytm wallet by credit card, then he will have to pay an extra charge of 2.5%. According to Paytm’s website, this rule has come into force from 15 January 2021. You will have to pay an extra charge of 3 percent for adding money to American Express’s credit card. Interestingly, many users complain that they are charging 2.07 per cent for adding money to credit cards in Paytm wallet. At the same time, many users say that they are charging 4.07 percent.

From October 15, it seemed that an extra charge of 2%.

Earlier, from October 15, 2020, if a person used to add money to the Paytm wallet by credit card, then he had to pay an additional charge of 2 percent. For example, if you used to add Rs 100 to a Paytm wallet with a credit card, then you had to make a payment of Rs 102 with your credit card.

Also Read: Paytm latest News: Now pay house rent on paytm and get up to rs 1000 cashback




No extra charge will be

given for making payment at merchant site, however, no extra charge will be payable for payment from Paytm at any merchant site. There will be no charge even when transferring from Paytm to Paytm Wallet. At the same time, there will be no charge even if you add money to Paytm Wallet with debit card or NetBanking.

The company had also changed the rules on

January 1, 2020. Earlier, the rules were also changed on January 1, 2020. In the month, the company started charging 2 per cent for adding more than 10 thousand rupees to the credit card.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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