Paytm has also prepared a mechanism for this. Under this, whenever users add money to their Paytm wallet through credit card, a message will pop up.
Paytm users will now have to pay a 2% fee on the amount added to their e-wallet through a credit card. Till now, users had to pay 2 percent fee only if they added more than 10,000 amounts to their e-wallet through credit card in a month. This rule of the company has been implemented since October 15.
Paytm has also prepared a mechanism for this. Under this, whenever users add money to their Paytm wallet through credit card, a message will pop up.
In this, they will be told that ‘when you add money using a credit card, we pay higher charges on your bank/payment network, which is why you are being charged this nominal fee. A 2% charge has been applied for adding money to the wallet using a credit card. Users can use UPI or a Debit cards.
Paytm is also offering an offer, in which users will get 2 percent cash back if they add a minimum of Rs 200 to the wallet using a credit card.
Please note that Paytm levies charges for transferring money from wallet to bank account. Users will continue to be given the facility to transfer money from their wallets to the bank without any fees.
Let us tell you that recently Google removed Paytm’s mobile app from Play Store for a few hours but later reinstated it for violation of its policy on sports betting activities.