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Paytm Payments bank new rule for fastag users F&Q

Paytm Payments bank new rule for fastag users F&Q

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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.

Paytm Payments bank new rule for fastag users F&Q
Paytm Payments bank new rule for fastag users F&Q

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.

Your support means the world to us! ❤

Kulin_Lalbhai
Kulin Lalbhai
Executive Director, Arvind Ltd.

“We have been using Paytm QR to power payments across all our store formats. Paytm also powers Gift Vouchers for all our brands on their app. We continue to grow our relation with Paytm due to its excellent product stack, timely settlements and seamless reconciliation. We are in fact, strengthening our current relationship by deploying Paytm POS machines at 1000+ of our stores.”

Satya
Satya
CEO, Hotspot Retail

“We are working with Paytm since the last 2 years and we haven’t faced any problem with Paytm. We are using EDC machines & wallet, and the company is too supportive. I would encourage everyone to use Paytm, as you were using earlier. So #Paytmkaro”

Pankaj_Maniyar
Pankaj Maniyar
Biba Finance Team

“Our BIBA Store has always relied upon Paytm’s iconic Dynamic QR device and Card Machines, more so because payments always go through these devices instantly. With Paytm being the most popular and trusted payments option preferred by our guests, it gives us the ease of doing business.”

Rishi
Rishi
Owner, Choudhary Sweets

“Paytm is the pioneer of digital payments. Since we’ve been using Paytm’s innovative products to grow our business for years, we’ll continue to use them.”

Himanshu
Himanshu
Manager Sterling Stays

“Neither the receiving nor the payment modes are causing any issues for us. Paytm is always hassle-free when it comes to payments. As far as our businesses are concerned, there is no impact.”

Darshan_Taneja
Darshan Taneja
Owner, Delhi electronics

“Paytm is a part of our life. We have used Paytm for years and will keep using it. Paytm is in our blood. It can never be removed. It is really good and helpful for us.”

Dinesh_Yadav
Dinesh Yadav
Mumbai Tiffin Services

“हमें Paytm पर पूरा भरोसा है। We’re committed to accepting payments and expanding our business with”

Please keep visiting this page for updates over the next few days as we provide further clarity.