Kumari Palany & Co

Paytm: transactions may be done without service charges

Posted on: 18/Nov/2016 5:59:07 PM
Paytm has announced that banking transactions can be done with any bank without any service charges.

The central government declared on 8th November that the currency notes of Rs. 500 and Rs. 1000 as invalid. Consequently, actions have been taken from 10th November for the exchange of the old invalid currency notes. However, for normalcy to return reasonable quick, it is essential that ATMs function well. However, the public has been put to hardships as many ATMs are not functioning.

According to Paytm, financial transactions can be carried out with any bank without any service charges. It is worth noting here that earlier, Paytm was charging 1 percent service charges for all financial transactions.