You use Paytm Wallet to buy goods from grocery stores, pay water and electricity bills, book gas cylinders, recharge mobile and DTH, or for online orders. If you also use Paytm for normal transactions then this is bad news for you. Using Paytm has become expensive since today (15 October).
Loading money from credit card will be charged 2% from October 15
Actually, till now there was no extra charge on loading money from credit card to Paytm wallet. But now the company has changed the rules. According to the information given on paytmbank.com/ratesCharges, from October 15, 2010, if a person makes money with a credit card in Paytm wallet, then he will have to pay an additional charge of 2 percent.This 2 percent charge will include GST. For example, if you add 100 rupees to a Paytm wallet with a credit card, then you have to make a payment of 102 rupees from your credit card. Earlier this rule was to be implemented from 9 October itself.