Paytm Start Taking Transaction Fee For Transferring Money From Credit Card To Digital Wallet
Popular digital payment & wallet service Paytm started collecting transaction charges for adding money to your Digital Wallet.
According To Paytm , for credit card transaction more than 10000 Rs. Per Month , 1.75 + GST will be charged to user.
But importing thing , transaction less than 10000 Rs. will not include any charges from paytm for adding money to wallet using credit card.
New charges is mentioned on Paytm website & this will start effecting from January 1st , 2020.
Earlier digital wallet companies not making profit as they are not charging any handling fees , and users benefited a lot by adding high amount to wallet using credit card to digital wallet. But after this new policy , Paytm will start earning for higher amount to wallet transferring , and small amount users will also not affected by charges [Win Win Situation].
Give your valuable thoughts in comments regarding this charges levied to users.