Mobile wallet firm Paytm had on Wednesday, introduced a levy of 2 percent on adding money into its digital wallet from a credit card.
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
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.