Paytm suspended the 2% charge on credit cards

Mumbai, March 10: As we know that, Recently The gaint online recharge platform company Paytm has started levying a 2 percent charge on customers who recharge their wallets using credit cards.

Again it has taken a u-turn on credit charge use to customers in almost 24 hours Paytm today said it was suspending the 2% charge for customers convenience.

"We are suspending 2% charge on credit cards for adding money to wallet keeping users’ convenience in mind," the digital wallet player said in a blog post.



"We are conscious that this move caused inconvenience to a large segment of our users, including those who are using their credit card for genuine transactions."

"There will be no fee when you shop on Paytm or pay for any utilities using your credit card or any other payment option but to avoid the misuse highlighted above, we will put two percent fee (inclusive of taxes) only on adding money to wallet using credit cards while adding money using any other payment option remains free," the company said in a blog.