What are the transaction fees for using Paytm?
Transaction fees for using Paytm can vary based on the specific service utilized, such as Paytm Wallet, Paytm Payments, or Paytm Payment Gateway. For consumers, many transactions within the Paytm Wallet may not incur fees, particularly when sending money to other users or making purchases at select merchants. However, certain services, like adding money to the wallet through credit or debit cards, may attract a nominal fee.
For merchants using Paytm Payment Gateway, the transaction fees usually depend on the payment method chosen, with differences in charges for credit cards, debit cards, and UPI. Each of these payment methods may have its specific fee structure, which is generally a percentage of the transaction amount or a fixed fee per transaction. Paytm regularly updates its fee structure, so it is recommended to check the latest details on the official website for the most accurate and current information regarding transaction fees specific to each service.
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