charges for Card payment using Paytm wallet

Somebody please check if wallet to bank transfers are also being charged.  It's highly likely that it will also be charged in near future because it is an open end, where you can transfer to bank and pay cc bill using UPI.
Better not keep big balances in Paytm wallet now, or you maybe in for a big surprise

decideaim wrote:
Somebody please check if wallet to bank transfers are also being charged.

Its charge from the the last 3 years 

@Mayavi @deb3l please move to discussions, placed as a deal by mistake. Although they dealt a blow.

Lol what is this😭. I had 7k+ just for credit card payments. Now will transfer to Amazon wallet via uber😅. 

On one hand, Amazon converted wallet to upi and Paytm is doing reverse.

Knight11 wrote:

Lol what is this😭. I had 7k+ just for credit card payments. Now will transfer to Amazon wallet via uber😅. 

On one hand, Amazon converted wallet to upi and Paytm is doing reverse.

Direct bank transfer is still free it seems, please check.

gya paytm ko use krna ab band kro

mobidick left now

Yeah it allows credit card payment through Millenia mastercard DC directly

decideaim wrote:
Yeah it allows credit card payment through Millenia mastercard DC directly

paytm?

pranavcool wrote:
paytm?

It doesn't allow mastercard DC, millenia visa DC works though

decideaim wrote:
Direct bank transfer is still free it seems, please check.

Yeah, but I don't do wallet to bank transfers normally.

Also, gv can't be transferred to bank. 

Transferred to Amazon already. Will do credit card payment from amazon wallet upi.

decideaim wrote:
Yeah it allows credit card payment through Millenia mastercard DC directly

That won't give 1% cb though.

This post reminded me the story I read in school, Rip Van Winkle.

Knight11 wrote:

Yeah, but I don't do wallet to bank transfers normally.

Also, gv can't be transferred to bank. 

Transferred to Amazon already. Will do credit card payment from amazon wallet upi.

Same case as me, i also don't do wallet to bank.

Lucky that you have wallet UPI  

LordGane wrote:
This post reminded me the story I read in school, Rip Van Winkle.

Am i asleep that long As far as i know wallet to credit card payment was free until last week.

decideaim wrote:
It doesn't allow mastercard DC, millenia visa DC works though

time to change then from mc to visa

Knight11 wrote:

That won't give 1% cb though.

it always gave me used so much times in past as mobikwik add money mcc is same as bill pay

decideaim wrote:
It doesn't allow mastercard DC, millenia visa DC works though

just upgraded from mc to visa can you confirm this with ss

pranavcool wrote:
just upgraded from mc to visa can you confirm this with ss

That's too fast, i used to have millenia visa that worked but now have mastercard DC only, so can't post an SS

decideaim wrote:
Am i asleep that long As far as i know wallet to credit card payment was free until last week.

Sorry. Your post is misunderstood by some including me. I understand now that you meant, credit card payments using wallet balance is now chargeable. I thought your post said loading wallet using credit card. You are right. One more loop hole closed. No point of taking Paytm fastag for rotation now. Also I noticed Cred started charging fee for Paytm fastag recharge.

decideaim wrote:
Somebody please check if wallet to bank transfers are also being charged.  It's highly likely that it will also be charged in near future because it is an open end, where you can transfer to bank and pay cc bill using UPI.
Better not keep big balances in Paytm wallet now, or you maybe in for a big surprise

I tried both credit card bill payment and wallet to bank transfer after reading your post. Wallet to bank transfer is still free.

LordGane wrote:
I tried both credit card bill payment and wallet to bank transfer after reading your post. Wallet to bank transfer is still free.

But it seems it will be shortlived too, that's why warning others not to keep big balances.

Now wait for them to give 100% cashback points on CC bill payment via wallet

decideaim wrote:
But it seems it will be shortlived too, that's why warning others not to keep big balances.

Who uses this wallet feature except this.. btw? Good post.

deb3l wrote:
Who uses this wallet feature except this.. btw? Good post.

True bro

Charges 1%+GST 

decideaim wrote:
Somebody please check if wallet to bank transfers are also being charged.  It's highly likely that it will also be charged in near future because it is an open end, where you can transfer to bank and pay cc bill using UPI.
Better not keep big balances in Paytm wallet now, or you maybe in for a big surprise

Wallet to bank is free. Credit card payment using paytm platform by debit card is free

still wallet to bank tranfer is free... and for millennia mastercard users one can make payment of cc bill via mobikwik directly as it allows to do payment directly from dc

Paytm has started charging convenience fee for making payment of credit card bill using its wallet.

They are charging 1.18% as convenience fee.