Paytm 2% fee on credit cards
Paytm users will have to pay a 2 per cent fee on the amount added to their e-wallet using a credit card.
Till now, users had to pay a 2 per cent fee if they loaded more than Rs 10,000 in their e-wallets via credit card in a month.
“A nominal charge of 2 per cent is applicable on adding money using credit card. The nominal fee is applicable since we pay high charges to your bank when you add money using a credit card. Please use UPI or debit card to add money for free,” said a message when customers tried to add money to their Paytm wallet via credit card.
Paytm is also providing an offer, wherein users will get 2 per cent cashback up to Rs 200 on adding a minimum Rs 50 using credit card, according to the message.
A Paytm Payments Bank spokesperson said customers have the flexibility to add money to their Paytm wallet from any of their preferred funding source, including UPI, net banking and cards.