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Amazon KYC : New changes.

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Cool
MSDfan

Just got this message. & This is what I got in that link.

https://cdn0.desidime.com/attachments/photos/606497/original/IMG_20200226_205421.jpg?1582730693https://cdn0.desidime.com/attachments/photos/606491/original/IMG_20200226_200806.jpg?1582728003


77 Comments  |  
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Critic Critic
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Monthly spend limit as “None” is redundant because with monthly limit of not able to add more than 10k means one cannot spend more than that in a month(assuming no balance carried forward from previous months).

Cool Cool
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So we can add GVs upto any limit, I think. Right?

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Pro Community Angel Pro Community Angel
Moderator
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2 minute silence for the poor souls who fell for KYC drama! expressionless

Cool Cool
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Exactly bro……

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Benevolent Benevolent
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all existing minimum kyc wallets would be moved to this new format as per RBI guidelines.
full kyc wallets would work as before.

Cool Cool
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Yeah, makes sense bro…. Mine is a mini kyc account.

Deal Cadet Deal Cadet
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Benefits???

Generous Generous
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Paytm too changed to lifetime valid account with 10k limit without any kyc. Looks like some new regulation

Deal Subedar Deal Subedar
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Yeah, ola money wallet also sent me similar message

Deal Subedar Deal Subedar
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Now waiting for that bhutiful payzapp wallet to reactivate my kyc expired account.

Helpful Helpful
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What about our existing Cashback ? Will it lapse if we don’t do full kyc ?

Deal Legend Deal Legend
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Do gift card add come in cash loads?

Benevolent Benevolent
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gift cards are already treated separately, other than cash loads. So no change likley in terms of gift card loading

Analyst Analyst
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Amazon new KYC changes.

Please Visit
https://ddime.i...ET

Deal Major Deal Major
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what about mobi kick – still showing do aadhar KYC rolleyes

Deal Subedar Deal Subedar
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Mobikwik also will be converted. I have got message for that. Wait for 1 March

Blogger Blogger
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any reason i should or any one opt out

i haven’t done full kyc.

Critic Critic
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No reason,this is the best option for those who never did full KYC for their online wallets.

Deal Major Deal Major
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Any benefits / loss ?

Deal Subedar Deal Subedar
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Ya, same for Paytm and PhonePe. They already updated it.

Pro Community Angel Pro Community Angel
Moderator
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Link or SS for phonepe plz..

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Commentator Commentator
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So no expiry dates on pay balance?

Critic Critic
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true

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Deal Lieutenant Deal Lieutenant
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My Gv is expiring in next month, if i add will it have lifetime validity??

Pro Community Angel Pro Community Angel
Moderator
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No! It will expire next month. Use that fast.

Deal Colonel Deal Colonel
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Kisme jaada benefit hai existing me ya new tell me

Deal Cadet Deal Cadet
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No use..they are just changing names ..ha..ha

Deal Subedar Deal Subedar
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for paytm??
will we get cashback or goldback now??

Pro Community Angel Pro Community Angel
Moderator
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Cashback..

Goldback se yaad aaya, apna check kar looon.. 10 rs badh kar kitne hue.

grimacing

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Helpful Helpful
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useful for those who have multiple accounts as they are not able to do Full Kyc and have done minimum KYC only . so guys enjoy ! smile

Deal Cadet Deal Cadet
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Per the RBI guidelines released on 24th December 2019, you are eligible for conversion of your existing Amazon Pay balance account to new account type. This will enable you to continue to load and use your Amazon Pay balance account without any additional KYC. You can choose to load using UPI, Debit card, bank transfer or credit cards. Cash loads will not be allowed. If you do not wish to avail of this new account type, please click on the link provided in the notification and provide your confirmation.

Deal Subedar Deal Subedar
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cashload means cash can be add by delivery boy to account

Deal Subedar Deal Subedar
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in my paytm its still the same min kyc and not able to trance balance to friends all tose mini kyc stuff and my old amazon account in which i did’nt do anything its still showing cannot load money do kyc??

Deal Cadet Deal Cadet
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can someone give paytm link that no kyc required now,thanks

Critic Critic
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It is min/basic kyc not no kyc,you will have to give a valid govt id number.

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