Dear Parent,
We would like to inform you that with effect from 08th June, 2019, transactions (i.e. fee payments) on Paytm.com i.e. Paytm app/ Paytm website shall be charged a convenience fees from the customers as per below listing. The said convenience fees shall be exclusive of all applicable taxes (such as GST etc.):
Convenience fee charged from customer(s) will vary depending on the mode of Payment, as follows:
Payment Mode | Commercials |
Domestic Debit Cards
|
0% (Transaction amount less than or equal to Rs. 2000) |
0.90% (Transaction amount more than Rs. 2000) | |
Domestic Credit Cards | 1.10% |
Net Banking | Rs.15 |
UPI
|
Rs.0 (Transaction amount less than or equal to Rs. 2000) |
Rs.15 (Transaction amount more than Rs. 2000) | |
Paytm Wallet | 1.50% |
AMEX | 1.60% |
Illustration:
Payment Mode Selected by the Customer | Netbanking | |
Fee amount to be paid by the Customer | ( A ) | Rs. 20,000/- |
Convenience Fee to be charged by One97 | ( B ) | Rs.15 (illustrative rate) |
18% GST (as applicable) on Convenience Fee | ( C ) | Rs. 2.7 |
Total amount to be paid by the Customer | (A + B+ C) | Rs. 20,017.70/- |