https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8980932
Paytm in desperate need for money !!!
New charges to be levied by Paytm on loading money & wallet maintenance.from 1 Jan 2023
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Following charges are to levied for wallet maintenance & loading money in wallet.
Details are as below
(A) CHARGES TO BE LEVIED ON LOADING PAYTM WALLET .∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆
(1) All transactions of loading money into wallet via Credit Card will be charged up to 2.5% (inc. of GST).
(2) All transactions of loading money into wallet using American Express, Corporate Card or Prepaid Card, will be charged up to 3% (inc. of GST).
(3)A surcharge of up to 2% will be applicable on users who have added money in their wallet using Credit, Corporate or Prepaid Card and taken it to the bank account for an amount greater than or equal to INR 5000 per month, in the current or either of the last three calendar months.
(4)Adding money to Wallet through Net Banking (other than through Paytm Payments Bank) will be charged up to 1.5% (exc. of GST).
(5) Adding money to paytm wallet via UPI is free.
(B) PAYTM WALLET MAINTENANCE CHARGES. ∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆∆
(1) A nominal maintenance fee will be charged to all users each quarter for maintenance of their Paytm Wallet from 1 January 2023. This fee will be waived off for users who have made at least one Wallet transaction in the last 2 years.
(2) Full KYC users will be charged a fee of INR 15 per quarter (excl. GST), while all other users will be charged INR 5 per quarter (excl. GST).
For full details of schedule of charges please visit
https://www.paytmbank.com/ratesC...es
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Top Comments
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8980938
I can’t understand half the terms here: please answer as per scenario below:
1. I don’t load money via cc
2. I use Paytm only for UPI to do all transactions
3. Don’t use paytm bank account
4. Full kyc account from almost last decade
Will I be charged any fees here? Thanks.
vukg for sharing
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8980941
Sinking Ship😹
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8980947
How to close Paytm wallet??
What about merchant accounts
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8980955
Faug wrote:I can’t understand half the terms here: please answer as per scenario below:
1. I don’t load money via cc
2. I use Paytm only for UPI to do all transactions
3. Don’t use paytm bank account
4. Full kyc account from almost last decade
Will I be charged any fees here? Thanks.
vukg for sharing
For your 1) & 2) no charges as per the details.
for 3) & 4) wallet maintenance charges of Rs 15 may be levied
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8980957
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Inception4213 wrote:For your 1) & 2) no charges as per the details
.
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8980960
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8980964
Rotators should Load 10 lakhs in advance before the rules come into effect (pay 2% to get that money back to bank)
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8980973
decideaim wrote:I am new here .Whatsare the benefits of rotating Rs 10 lakhs in paytm .Rotators should Load 10 lakhs in advance before the rules come into effect
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8980974
.
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8980983
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8980986
loading through uber/zomato will also be charged?
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8980988
Snvalent wrote:loading through uber/zomato will also be charged?
Can't tell about loading through uber/Zomato but merchant transactions are free
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8981042
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Inception4213 wrote:
For your 1) & 2) no charges as per the details.
for 3) & 4) wallet maintenance charges of Rs 15 may be levied
It seems Wallet maintenance charges are only on those account who are not using wallet actively .
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8981055
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8981057
So, loading via debit card remains free and millennia DC > wallet > CC bill payment is unaffected...
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8981059
No info on line loading via debit card...or it's covered as part of bank
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8981062
Agnivo007 wrote:So, loading via debit card remains free and millennia DC > wallet > CC bill payment is unaffected...
According to the shared details debit card ,UPI & merchant transactions are free but no specific comment on debit card is mentioned.
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8981067
For non full kyc customer they don't allow to add money to wallet, but they want charges if wallet is not used 
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8981073
Hotsoup wrote:
For non full kyc customer they don't allow to add money to wallet, but they want charges if wallet is not used
They want money for everything .Paytm days are over !!
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8981168
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8981191
what about loading gift voucher in wallet
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8981195
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8981198
sachinarora1 wrote:what about loading gift voucher in wallet
All transactions of buying Gift Voucher for self or others via Credit Card will be charged up to 2.5% (inc. of GST). Also, all transactions of buying Gift Voucher for self or others using American Express, Corporate Card or Prepaid Card, will be charged up to 3% (inc. of GST).
Buying or Sending a Gift Voucher through Net Banking (other than through Paytm Payments Bank) will be charged up to 1.5% (exc. of GST).
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8981199
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Inception4213 wrote:All transactions of buying Gift Voucher for self or others via Credit Card will be charged up to 2.5% (inc. of GST). Also, all transactions of buying Gift Voucher for self or others using American Express, Corporate Card or Prepaid Card, will be charged up to 3% (inc. of GST).
Buying or Sending a Gift Voucher through Net Banking (other than through Paytm Payments Bank) will be charged up to 1.5% (exc. of GST).
i meant to say loading money in payytm wallet as in gift voucher option as it has limited use vu for heads up
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8981201
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sachinarora1 wrote:i meant to say loading money in payytm wallet as in gift voucher option as it has limited use vu for heads up
Can't say ,as no such specific condition is mentioned in the t&c
https://www.desidime.com/discussions/new-charges-to-be-levied-by-paytm-on-loading-money-wallet-maintenance-from-1-jan-2023?page=1#post_8981238
decideaim wrote:Bhaiya IT ki raid padvaoge unpe 🤣Rotators should Load 10 lakhs in advance before the rules come into effect (pay 2% to get that money back to bank)
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