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Why has Paytm imposed a 2% charge on top-ups using credit cards?

We bring you a quick video to take you through the reasoning behind this move.

March 14, 2017 / 11:09 IST
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Moneycontrol News

Mobile wallet firm Paytm had on Wednesday, introduced a levy of 2 percent on adding money into its digital wallet from a credit card.

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In view of a decline in popularity of digital payment solutions after the government's relentless remonetisation efforts, why did the company decide to burden the users with an extra charge?

We bring you a quick video to take you through the reasoning behind this move.

 


Watch | How consumers were using Paytm wallet to borrow money free of cost. pic.twitter.com/QutjKgDHFc

— moneycontrol (@moneycontrolcom) March 9, 2017

first published: Mar 9, 2017 10:21 pm

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