Online payment cost hiked: Online payment apps like PhonePe, Paytm, and MobiKwik have secretly started charging money in the name of convenience fees. Even the customers are not fully aware of this. What is the option to avoid this extra fee, let’s know…
Increase in online payment cost: Do you frequently recharge your phone, pay the electricity bill or pay PNG bills through online payment apps like Paytm, MobiKwik, or PhonePe. If the answer to all these is yes, then this news is of your use, and this time you need to pay attention at the time of bill payment. In reality, instead of allowing you to pay your bills, online payment apps charge you a significant price. Maybe you are not even aware of this.
Often people don’t notice
This is because when you pay the bill or recharge, due to paucity of time or any other reason you are not able to pay attention to it and these companies slap you. Vineet Jain, a resident of Laxmi Nagar, Delhi, paid a Rs 1000 electricity bill through Paytm, he saw that the payment was getting Rs 1020 instead of Rs 1000. In other words, using the app to pay bills has become more expensive. He noticed that under the total amount, Rs 20 was written in small letters in the name of the convenience fee.
To be taken from all customers is also not a rule,
What is this convenience fee if this has happened to you as well? Let us know, as well as know how you can avoid this and how you can do bill payment or phone recharge as an alternative? There is no exact scale of convenience fee charged by online payment apps. It was also clear from some media reports that there is no such rule that it should be taken from all the customers.
What is a convenience fee?
Popular payment app Paytm recently started charging surcharges from mobile rechargers. It costs between one and six rupees to recharge a phone. This charge is also levied when you recharge with a credit card or debit card through the Paytm platform. Similarly, Paytm, MobiKwik and PhonePe are taking a facility in the name of surcharge for other bill payments. In some cases, it is also being shown as a ‘Platform Fee’.
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To escape from
Convenience fee, payment option The amount charged in the name of convenience fee has made bill payments or mobile recharge expensive. If you don’t want to pay the convenience fee, you can get bill payment or mobile recharge, etc. from other options. For this, you can pay by check to the concerned department. Apart from this no convenience fee is charged on payments made through UPI, this can also be a good option for you. Similarly, paying the bill through net banking would also be better.
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