Paytm stopped wallet to merchant account transfer

132°
Deal Cadet
Novak

Just tried to transfer one of my Paytm accounts wallet balance to merchant account. but it says this account accepts only UPI transfer. Anyone experiencing same issues?

How can I transfer my wallet balance to bank.. pls let me know.

Still accepting UPI transfer with 0% transaction charges. Only wallet transfer disabled

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Pro Critic Pro Critic
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You will see this message if your account is flagged by the system.
It appears you are doing most of the transactions that way.

Deal Cadet Deal Cadet
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Have to find someone with merchant account that still accepts wallet transfer. relieved.. But still 0% transaction charges unlike some pple.. that’s what I want smile

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Entertainer Entertainer
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Kyc toh nahin expire ho gayi wallet ki?

Deal Cadet Deal Cadet
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Full KYC account bro

Deal Subedar Deal Subedar
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they have flagged some pairs of wallet to merchant transfers, this were the wallet to merchant transfer that people were abusing.
but you will be able to transfer to some other paytm merchant, try a merchant which you have never transacted before.

Deal Cadet Deal Cadet
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Yes have to find. But it’s a easier job in desidime to find people with Paytm merchant account smiley

Finance Ninja Finance Ninja
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Same here. It’s asking to pay via upi only. Wallet payment is disabled to this merchant.
I used to transfer wallet money from same 7-8 accounts since last may. Their system recognised the pattern and wallet payment is disabled for now.

Deal Cadet Deal Cadet
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Yes.. so we can’t transfer our wallet money to bank?.. you know anyone with merchant account, still wallet balance is accepted

Deal Subedar Deal Subedar
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They’re blocking free transfer of credit card money to bank.

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