Full text: Paytm suspends 2% fee on credit cards, here's why

We will introduce new features to prevent credit card misuse in add money, says Paytm

E-wallet company Paytm has rolled back its 2 percent charge on credit card transactions used for recharging the wallet.

It said: “Keeping the millions of customers and merchants interest as utmost priority, we have decided to suspend the 2 percent fees and will continue to build a series of features to curb such misuse."

Here is the full text:

We are suspending 2% charge on credit cards for adding money to wallet keeping users’ convenience in mind

With an intent to prevent the misuse of transfer to bank facility at 0%, we had applied a refundable fee