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Paytm, PhonePe, other fintechs stop rent payments via credit cards
short by Debaroti Adhikary / on Thursday, 27 June, 2024
Several fintech apps like Paytm, PhonePe, Mobikwik, Freecharge and Amazon Pay have stopped accepting rent payments through credit cards. This comes as many banks stopped reward points for rent payments via the apps, with HDFC Bank now charging 1% fee of up to ₹3,000 for it. Moreover, RBI has raised the concern regarding cards being used for peer-to-peer payments.
read more at Moneycontrol