18 April 2017

Charges for transferring money from mobile wallet to bank 2017

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Paytm's new tech update is that it has now embedded a charge of 2% on transferring money to bank with the competition of other wallets have also changed the money transfer service charges.

List of mobile wallets and their service charges

April 2017 has become the more problematic situation for those persons who are transacting with mobile wallets. Until march everything was going fine among digital wallets but due to creation of new law and transaction limit with different bank the charges for money transfer is also imposed by most if the digital wallets.

Paytm - 2%

Mobikwik - 5%

Olamoney - 4.6%

Udiowallet - 2.5%

ola money charges

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