HomeNews News Paytm suspends 2% fee on using credit card for top ups Paytm suspends 2% fee on using credit card for top ups

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Paytm suspends 2% fee on using credit card for top ups

Paytm suspends 2% fee on using credit card for top ups

Friday, March 10, 2017, 10:38 AM

Under pressure from smaller rival Mobikwik, Paytm has decided to roll back 2% charge it imposed on topping up its wallets using credit cards. Paytm will introduce new features to prevent misuse of the facility. With an intent to prevent the misuse of transfer to bank facility at 0%, we had applied a refundable fee of 2% on add-money through credit cards, says Paytm.
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