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<root>
    <author>ENA</author>
    <category>Sectors</category>
    <date>2017-03-10 07:17:24</date>
    <fulldesc>&lt;p&gt;&lt;strong&gt;New Delhi, Mar 10 (KNN)&lt;/strong&gt; Making a quick u-turn within 24 hours, digital wallet player Paytm scrapped its decision to levy of 2% fee on recharge via credit cards from customers.&lt;/p&gt;&#13;
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&lt;p&gt;In a blog post, Paytm said, We are suspending 2% charge on credit cards for adding money to wallet keeping users convenience in mind. &lt;/p&gt;&#13;
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&lt;p&gt; 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,  it added.&lt;/p&gt;&#13;
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&lt;p&gt;On Thursday, Paytm had levied a 2% fee for adding money to Paytm wallet using credit cards.&lt;/p&gt;&#13;
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&lt;p&gt;The wallet said that it would introduce new measures to prevent misuse.  We will introduce new features to prevent credit card misuse in add money,  the Paytm blog post said.&lt;/p&gt;&#13;
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&lt;p&gt;Post demonetization, Paytm and other digital payment apps and wallets have become widely popular.&lt;/p&gt;&#13;
</fulldesc>
    <id>16606</id>
    <link>http://knnindia.co.in/news/newsdetails/sectors/paytm-scraps-decision-to-levy-2-fee-on-recharge-via-credit-cards-from-customers</link>
    <pubDate>2017-03-10 07:17:24</pubDate>
    <source>knnindia.co.in</source>
    <title>Paytm scraps decision to levy 2% fee on recharge via credit cards from customers</title>
</root>
