At the strike of바카라 웹사이트midnight바카라 웹사이트on Thursday, Paytm rolled back its “trial” experiment of locking up customers’ recharge money from credit cards in ‘gift vouchers’ section instead of sending it to wallet balance.
At the strike of바카라 웹사이트midnight바카라 웹사이트on Thursday, Paytm rolled back its “trial” experiment of locking up customers’ recharge money from credit cards in ‘gift vouchers’ section instead of sending it to wallet balance.
Paytm began crediting back the money to the customers in the early hours of바카라 웹사이트Thursday.
바카라 had first reported that바카라 웹사이트Paytm바카라 웹사이트had바카라 웹사이트silently changed their policy for credit card users in their바카라 웹사이트platform,바카라 웹사이트which caused outrage on social media.바카라 웹사이트Anger on social media were party because Paytm slipped in the new rule without informing users.
Many users were angry after realising that바카라 웹사이트instead of allowing바카라 웹사이트them바카라 웹사이트to add money to their wallets directly from a credit card,바카라 웹사이트Paytm바카라 웹사이트parked the recharge money in gift vouchers.
Explaining the new policy, the Paytm customer care had said: "If a person is adding money to their paytm wallet using any credit card, then the money will automatically get transformed into 'gift vouchers' which one cannot send to their bank accounts or to any other paytm users".
바카라 웹사이트The Paytm바카라 웹사이트introduced바카라 웹사이트the new rule on February바카라 웹사이트15, which was in line with their aim of바카라 웹사이트substantially increasing바카라 웹사이트their average transaction value of Rs 500 per day from offline sales in the near-term.바카라 웹사이트But the customers were not overtly alerted about the policy change.바카라 웹사이트
Sonia Dhawan, AVP, Paytm, had earlier told바카라 웹사이트바카라, "It was a trial which has been discontinued now. This was to check how many users were using their credit card to add balance to their Paytm account. We will be introducing a new policy for the Paytm customers soon."
Launched in August 2010, Paytm currently operates in India and Canada. The platform witnessed 4X growth in payments and the user base grew from바카라 웹사이트. Paytm, which offered바카라 웹사이트easy바카라 웹사이트cashless payment solution, gained customer windfall when Narendra Modi last year바카라 웹사이트demonetised바카라 웹사이트86% of cash overnight. A바카라 웹사이트every day.
Last year,바카라 웹사이트the바카라 웹사이트company had said they will charge 2바카라 웹사이트percent바카라 웹사이트from바카라 웹사이트the customers each time credit card is used to바카라 웹사이트add money to바카라 웹사이트wallet. However, the decision was soon rolled back.
"Some financially savvy users (many of바카라 웹사이트them바카라 웹사이트employees of national financial institutions exploited this model to rotate money). To avoid this misuse, we are making some changes in our terms," the company explained in a blog post last year when implementing the 2 percent charge.바카라 웹사이트