Paytm, which is a Indian e-commerce company, has started to charge extra for some transactions. This is the second time in two months that Paytm and its sister companies have introduced charges for certain transactions.
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What is Paytm?
Paytm is a digital wallet and payment platform that allows users to make online payments and transfers. The company also offers a mobile app that allows users to pay their bills, book tickets, and transfer money.
In addition to these services, Paytm also offers a blog section on their website. This blog provides users with tips, tricks, and advice on how to use the Paytm platform and its features.
Why is Paytm charging extra?
In recent news, it was revealed that Paytm has started charging extra for some recharges. This has caused many users to wonder why the company is doing this.
Some believe that this is simply a way for Paytm to make more money, while others think that there may be a more sinister reason behind the move.
What do you think? Is Paytm simply trying to make more money, or is there something else going on? Let us know in the comments below!
How Much Extra Charge is there on Recharge?
If you’re a regular user of Paytm, you would’ve noticed that they’ve started charging a bit extra for some services. One of those services is recharge. So how much extra charges are there on recharge?
Well, it depends on the service you’re using. For example, if you’re using the electrician service, then the extra charge is Rs. 10 per transaction. Similarly, for the plumber service, the extra charge is Rs. 20 per transaction.
However, this isn’t something new. PhonePe has also been charging similar fees for a while now. So if you’re looking for an alternative to Paytm, you can definitely consider using PhonePe.
How to Avoid Extra Charge from Paytm?
If you’re a Paytm user, you might have noticed that the company has started charging extra for some services. Recharge is one of the affected services, with a new Rs 2 charge being applied to certain types of recharge. This has led to many users switching to other wallets like PhonePe.
Here’s how you can avoid this extra charge from Paytm:
1. Use the ‘Paytm UPI’ option for recharge: If you use the ‘Paytm UPI’ option for recharge, you will not be charged the Rs 2 fee.
2. Use a different wallet: As mentioned, other wallets like PhonePe do not charge this fee. You can use these instead of Paytm to avoid the charge.
3. Use a different payment method: If you’re willing to use a different payment method, you can also avoid the fee. For example, you could use your debit card or credit card instead of UPI.
We hope this guide was helpful in avoiding the extra charges from Paytm.
PhonePe vs. Paytm
The recent move by Paytm to start charging for recharges has come as a surprise to many, especially in light of the fact that PhonePe has been doing the same thing for a while now. This has led to some wondering if Paytm is simply trying to copy PhonePe’s business model.
However, it’s important to remember that the two companies are very different. For one, Paytm is a much larger company with a much more diverse range of products and services.
It’s also worth noting that PhonePe only started charging for recharges recently, while Paytm has been doing so for a while now.
Ultimately, it’s up to the customer to decide which platform they want to use. Both have their pros and cons, and it’s ultimately up to the individual to decide which is best for them.
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