Paytm Payments Bank Can't Offer Services Including Wallet After 15 Mar 2024
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RBI asks Paytm Payments Bank to stop onboarding new customers
https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=57224
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Last updated by: abhishek012
Below msg shared by @DeciDeaim -
A new book authored by PAYTM
How to convert a Unicorn into a Popcorn
Another news which will help operators.
Anyone Crossed the tolls who got Paytm Tag recently? Especially after NHAI removed from the list. Is it working? I am still holding Paytm Fastag and I would like to know if it is working or not please as I am traveling 😌
It worked for me on 14th. Not sure after this change, let us know if it works for you or not.
Pura bharosa hai paytm, it will come back
Go throught this linkedin post for more clarity and share your thoughts if any
Customers can enjoy Paytm services till 15 march 2024
repost bhai
https://www.desidime.com/discussions/paytm-paym...
already alerted to Chane the title
How it is repost?? That post tells about 29 farvary
Fintech firm One97 Communications -- owner of the brand Paytm -- has shifted its nodal account to Axis Bank from Paytm Payments Bank.
The move will allow continuity of Paytm QR, Soundbox, card machine after the March 15 set by the Reserve Bank of India, as per a regulatory filing.
The RBI has advised customers and merchants of Paytm Payments Bank Ltd to shift their accounts to other banks by March 15, giving 15 more days to the beleaguered entity to close most of its operations, including deposit and credit transactions.
"The company has also shifted its nodal account to Axis Bank (by opening an escrow account) to continue seamless merchant settlements as before."
This arrangement is expected to seamlessly replace the nodal account that OCL was using with Paytm Payments Bank. Paytm Payment Services Ltd, OCL's wholly owned subsidiary has already been using the Axis Bank services since its inception," Paytm said in a filing.
I guess it's time to say goodbye to paytm Fastag. They have removed the option to close fastag now. You need to call Fastag CC and they will send sms to enable closing of Fastag.
18001204210
No it's wrong info.i just raised closure of fasttag through app.
na tere aane ki khushi, na tere jaane ka gham.
read the rbi FAQ from here it explains a lot of thing people asking for days: https://rbidocs.rbi.org.in/rdocs/content/pdfs/P...
like this it continuously expanded... extended and at last, it was restored 😝
What happened to Paytm food wallet
Only cashbacks, refunds will be permitted to be credited.
Withdrawal transactions will work as usual upto limit of existing balance.
If you've funds lying in Paytm, it's better to withdraw now.
Link: https://m.rbi.org.in//Scripts/BS_PressReleaseDi...
lagta hai jio ya adani bank anewala hai
Kuch nhi hoga bhai, 29 feb se restrictions lgne hai, tab tak sort out ho jayega, mafinama and penalty ke sath.
Company thodi band hoga.
Log panic kar rhe ki withdraw karo blah blah.
Rahi baat share ke kuch dino tak toh lower circuit hai bhai... Sentiments nd news ka farak padega, Logo ko lag rha aaj he paytm band ho gya nd transaction band, maximum log date nhi pdenge.
Nikal lega koi raasta paytm wale.