Paytm Payments bank new rule for fastag users F&Q Today, tomorrow & always Paytm Karo, Karte Raho
UPI Payments Paytm Payments bank new rule for fastag users F&Q
Q. Can I continue to use UPI on Paytm app ?
A. Absolutely! You can continue using UPI services on your Paytm App without any interruption. You can make QR code payment across stores, online payments and send money.
Paytm QR
Q. Will Paytm QR work as before?
A. Your Paytm QR is exactly the same as before. Please continue using Paytm QR to accept fast, secure, and safe payments without any worries. All Paytm devices and services are operating as usual.
Recharge & Bill Payments
Q. Can I continue to use Paytm to do recharges and pay my bills?
A. Yes, absolutely! You can continue using Paytm App for all your bill payments and recharges, like always.
Rest assured, Paytm continues to support a wide range of payment options for your convenience.
Other Services
Q. Can I continue to avail all other services on Paytm App? (e.g. Movie ticket bookings, financial services & more)
A. All other services on Paytm App are unaffected, you can continue to use them on Paytm as usual, now and beyond Feb 29th, 2024.
Paytm SoundBox
Q. Will SoundBox and Paytm Card machine work as before?
A. Yes, our offline merchant payment network offerings like Paytm QR, Paytm Soundbox, and Paytm Card Machine, are working exactly as earlier. You can accept payments with ease on them. Do not worry, your money is safe with us.
Wallet
Q. Can I continue to use Paytm Payments Bank Wallet?
A. Yes, you can continue to use Paytm Payments Bank Wallet services. Please note that you will not be able to add money to your Paytm Payments Bank Wallet after Feb 29th, 2024. However, there is no restriction on usage of existing balance from your wallet even after Feb 29th, 2024.
For more information, Paytm Payments bank new rule for fastag users F&Q
Paytm Payments Bank
Q. Is my money safe?
A. The Reserve Bank of India (RBI) has issued a directive restricting Paytm Payments Bank Account/Wallet from accepting new deposits or allowing credit transactions after Feb 29, 2024. However, there is no restriction on withdrawal of money from your existing balance even after Feb 29, 2024.
The directive does not impact your existing balances in Account or Wallet and your money is safe with the Bank.