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Anyone got the Paytm FASTag refund after cancelling it?
Quote:
Originally Posted by NiInJa
(Post 5714081)
I don't think it will work. If my understanding is correct, since Paytm payments bank and wallet itself is closing down, the fastag will stop working once the remaining balance in the wallet is over (as you cannot top up the wallet further)
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Seems to be the situation, unless govt helps in moving the paytm fastag customers to some other platform. Its a huge number of users.
I am one of the holders of PayTM Fastag. A few days ago I drained my PayTM wallet and moved money to my SB Account. Then requested for an ICICI Fastag from netbanking as I am already an ICICI bank account holder. The ICICI Fastag was delivered today and I was able to reload the Fastag. You can reload the ICICI Fastag from (a) netbanking login OR (b) dedicated ICICI Fastag Portal or (c) via UPI from Gpay. I was able to reload the Fastag using UPI from Gpay using my HDFC Rupay CreditCard. I am yet to test out the ICICI Fastag at a toll. I have found that you cannot see your ICICI Fastag statement from you SB Account login, you have to go the dedicated ICICI fastag portal for that, or use a seperate dedicated official app to get this data.
I have requested closure of PayTM Fastag today. 400 rs to be refunded in about 7 to 10 days. I have a few monies left in the PayTM wallet for emergency outstation journey. All this combined amount will be removed once PayTM Fastag closure is complete.
Quote:
Originally Posted by govigov
(Post 5716290)
Then requested for an ICICI Fastag from netbanking as I am already an ICICI bank account holder. The ICICI Fastag was delivered today and I was able to reload the Fastag. You can reload the ICICI Fastag from (a) netbanking login OR (b) dedicated ICICI Fastag Portal or (c) via UPI from Gpay. I was able to reload the Fastag using UPI from Gpay using my HDFC Rupay CreditCard.
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Since your tag is linked to savings account, you can also use automatic reload option (auto recharge once balance goes below a threshold).
Quote:
Originally Posted by govigov
(Post 5716290)
You can reload the ICICI Fastag from (a) netbanking login OR (b) dedicated ICICI Fastag Portal or (c) via UPI from Gpay. I was able to reload the Fastag using UPI from Gpay using my HDFC Rupay CreditCard.
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Quote:
Originally Posted by Aviator_guy
(Post 5716351)
Since your tag is linked to savings account, you can also use automatic reload option (auto recharge once balance goes below a threshold).
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Are convenience charges levied for any of these?
Quote:
Originally Posted by adisan
(Post 5716381)
Are convenience charges levied for any of these?
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No extra charges for UPI or auto load via bank account. Not sure about recharge via credit card.
Quote:
Originally Posted by adisan
(Post 5716381)
Are convenience charges levied for any of these?
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Quote:
Originally Posted by Aviator_guy
(Post 5716419)
No extra charges for UPI or auto load via bank account. Not sure about recharge via credit card.
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NO additional charges for reloading Fastag via Rupay credit card.
Here's an update on the Paytm Saga. Things don't look rosy for the company as a whole. There are doubts if UPI will continue to work post February 29 on Paytm App because their UPI is linked to Paytm Payments Bank and they don't have neither an alternative bank nor a Third Party License to onboard another bank in future.
Source
Quote:
Originally Posted by Turbo_Charger
(Post 5716500)
Here's an update on the Paytm Saga. Things don't look rosy for the company as a whole. There are doubts if UPI will continue to work post February 29 on Paytm App because their UPI is linked to Paytm Payments Bank ....
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Thanks for this important update. I am a Paytm UPI user, with linked bank accounts to ICICI and IDFC. Will see if the respective bank apps can serve as alternatives for a few days before switching to GPay or PhonePe.
RBI gives 15-day relaxation to Paytm, extends the date to 15th March from the earlier stipulated timeline of February 29, 2024.
NHAI has removed PayTM Payments bank from the list of authorized banks for FASTag service.
Link:
Looks like no hope left for Paytm fastag. Originally was planning to load a certain amount on the wallet and keep it for the fastag, now am not too sure.
Planning to move to ICICI fastag, any feedback.
Thanks.
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