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Paytm has withdrawn platform fee for cc bill payment via wallet

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Paytm has withdrawn platform fee for cc bill payment via wallet
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Aaya na unth pahad k niche
Finance Mentor Finance Mentor
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But merchants ID, mcc code changed, no cashback on most debit cards, isn't it? Someone confirm please.

Tech Guru Tech Guru
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Bhai, do people get cashback for wallet loads on Paytm? And is there any offer coming? I am waiting for 75th Independence day. I hope we will get good offers.

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Finance Mentor Finance Mentor
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Ok, changed only for directly by DC.

Pro Community Angel Pro Community Angel
Moderator
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Money Rotators Dimers to Paytm:


https://cdn0.desidime.com/attachments/photos/796063/medium/imdw_2.jpeg?1660363671

Finance Mentor Finance Mentor
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No, CB is accounted as dealer/retailer discount (deferred) technically...

Critic Critic
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No it doesn't, me & @panchabhut once had a long discussion regarding this. Only instant discount is tax free but any gv code/cb coming into wallets etc is taxable once the limit of 50k for total of such txns crossed in a financial year.
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Benevolent Benevolent
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Yes, I noticed it yesterday.
Generous Generous
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https://cdn0.desidime.com/attachments/photos/796278/original/image.png?1660411860

Deal Subedar Deal Subedar
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How do i recover the extra 55+ Rs I paid last week. 

Still i.am happy, won't be paying this stupid amount again. 

Finance Ninja Finance Ninja
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I am doing Wallet Loading of 1k to 3k just for Paying Credit Card Bills because 1. My Debit Card will have some transactions because after having a CC I don't use Debit Card anymore. So,Yes For Pre-approved offer banks might need this feature.

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