We all use some or the other application like Paytm or PhonePe for our recharges. There are a ton of third-party apps and online wallets that allow us the ease of doing recharge straight from our smartphones. PhonePe is now starting a small experiment where the online payment platform will now take a small processing fee from customers on online prepaid recharges. PhonePe is not the first app to charge users for transactions. All apps like Paytm, MobiKwik, and more take a processing fee for credit card transactions. PhonePe, however, is the first to do such an experiment where the company will charge a nominal fee on all credit card, debit cards, and UPI transactions.
According to a report in PTI, users will not be charged anything on a recharge of below Rs 50. However, those who are using plans between Rs 50 and Rs 100 will be charged Rs 1 extra for their transaction. Further, those recharging between Rs 100 and Rs 200 will be charged Rs 2 extra, and so on, only on prepaid recharges. PhonePe will start charging fee for transactions made via credit cards, debit cards, and UPI payments, only for prepaid recharges to a very limited number of customers. While PhonePe is not the only application that allows users to recharge their prepaid mobile plans, it is surely many people’s first choice.
Apps like Paytm, Google Pay, MobiKwik, and more are there for users if they want an alternative to PhonePe for their recharges. This, apart from the applications of their respective telecom providers.
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