effective 07-Jan-2021, Citi will no longer accept VMT payments received towards your Citi Visa Credit card

166°
Deal Subedar
138
1173
16

Received mail from citi saying " effective 07-Jan-2021, Citi will no longer accept VMT payments received towards your Citi Visa Credit card" ,

Does this mean we won’t be able to make citi CC bill payment using Mobikwik/Paytm/Amazon/Cred etc ?

19 Comments  |  
9 Dimers
  • Sort By
138
1173
16


https://cdn0.desidime.com/attachments/photos/656761/medium/Screenshot_20201225-164118.png?1608894690

42
2943
58

Vmt = visa money transfer.. Meaning you won’t be able to pay via debit card.. That’s my understanding could be wrong

10
6255
257

Actually –
VMT Facility offers Account Holder/ User online funds transfer either through ATM or through Online Bank Portal from the Card issued by the Bank to any other VISA debit or credit card issued by the Bank / any other bank.

138
1173
16

Ohk…so it means we can still use mobikwik etc ?

0
7097
147
Skyislimit wrote:

Ohk…so it means we can still use mobikwik etc ?

Only if you hate peace of mind. My money is stuck with them since 36 days.

37
9178
69
Skyislimit wrote:

Ohk…so it means we can still use mobikwik etc ?

If Amazon, Paytm, Mobikwik, cred & phonepe uses Visa money transfer then not allowed. If these apps use NEFT or alternate mode then allowed.

138
1173
16
Expand
_One_Miller_ wrote:

If Amazon, Paytm, Mobikwik, cred & phonepe uses Visa money transfer then not allowed. If these apps use NEFT or alternate mode then allowed.

How to know ?

138
1173
16
Expand
_One_Miller_ wrote:

https://www.desidime.com/discussions/mode-of-pa...

Paytm, Cred, mobikwik & phonepe mostly uses Visa money transfer mode.
Mobikwik mostly fails.
Yet to check Amazon.

So it’s better to avoid these now coz u never know when they will use VMT & after knowing either we will end up in paying some surplus amount or penalty

37
9178
69
Expand
Skyislimit wrote:

So it’s better to avoid these now coz u never know when they will use VMT & after knowing either we will end up in paying some surplus amount or penalty

If VMT is not supported then these apps can use NEFT.

76
3164
19

Last month Paid 1000 twice using mobikwik it shows as vmt in cc statement
Paid 2.5k and 9k that shows as neft.
So may be for smaller amounts they use vmt.

29
1175
21

Made two of payments for icici and citinusing mobikwik approximately 25k each usign visa debit card, both are credited as VMT.

Update: paid bill for same cards using a maestro debit card, that was credited as NEFT on credit card.

138
1173
16

So looks like if we use debit card for payment via MK , it will be VMT

29
1175
21
insta wrote:

Last month Paid 1000 twice using mobikwik it shows as vmt in cc statement
Paid 2.5k and 9k that shows as neft.
So may be for smaller amounts they use vmt.

The debit card that you used was from VISA?

76
3164
19
Expand
jainashish85 wrote:

The debit card that you used was from VISA?

Yes

29
1175
21
Expand
insta wrote:

Yes

Ok them in my opinion if debit card is visa then it is credited by VMT method.

Lets listen in from more folks to confirm.

2
1442
12

Hdfc billpay via visa platinum dc?

Missing