PayTm used for cheating, PayTm must have means of recovering the amount

I saw a message offering POCCO PHONE FA 1 for Rs.2499 as the day's offer. Once I logged in, it asked for credit card payment, once I gave details it took to PayTm and payee is one Shri sai Pharmaceuticals. The firm does not deal with smartphones and is a fraud and collecting money through Paytm, Paytm owns no responsibility for such payment against a fake offer and thus the Paytm has become a medium of fraud.
Paytm must recover from the bank to which it credited the amount. more  

View all 19 comments Below 19 comments
Don't get lured with such unbelievable offers, that too from an unknown sight or person and provide the details of your debit/credit cards' details or details of your bank account. Moreover, when Paytm itself is not taking any responsibilities for such transactions through its wallet, its foolishness to go ahead to complete the transactions for an item price for which quoted is far below its usual price. The ultimate result is as you are suffering now. So be aware and have some sort of control over greed. more  
In the name of digital we are facing Online fraud in greater rate. RBI need to interfere this.

As a consumer we should not fall in free/reduced price offer. We should open our eyes always before doing any transaction. more  
While dealing with any unknown parties and payments, please go through their ratings and other's remark. more  
PAYTM has been looting its customers since the time it was established. I had an account even before demonetisation. In 2014, I opened PAYTM wallet and deposited 1000 in it. Few days later, there was no money in it even though I did not carry out any transactions. Contacted customer care but they will just keep on saying that they are doing something about it. I uninstalled PAYTM.
Even during demonetisation, PAYTM used Modi's images for self promotion without his permission. No one prosecuted them. Many businessmen who used it lost money. Money transfer is done but never reaches the opposing side. PAYTM made a lot of profits by looting money while it is being transferred and lack of response of its customer care.
If the same thing happens in a bank, you can go to a branch & demand service from the personnel but since PAYTM has no branches, no one can question them.
I have been using AIRTEL PAYMENT BANK since 3 years and it works perfectly. I do not get any ads from unknown people and only curated deals from AIRTEL. I usually do not bother with those deals. In 3 years, I have never had to call customer care for refunds.
I have encouraged my dad of 67 years to use it since past year and we had no problem in his account either. I am asking all members of my family to get it.
I have also bought FASTAG from AIRTEL and it is working perfectly. more  
Failed to understand when you people will learn a lesson? After so many incidences why someone should make an attempt to transfer money through PayTM? Is there any record of transaction, if so complain to RBI with a little hope. PayTM will hardly answer your complain as you have agreed to transfer? more  
Post a Comment

Related Posts

    • Onion Prices

      What is the department doing about onion prices. Even companies like big basket attached are selling it at 100+. What is the point of such apps who despite procuring millions of kilos ca...

      By Shikha Jain
      /
    • Consumer Ministry unable to spend allocated funds

      Seems consumer ministry only spent 65% of the funds allocated to it. See attached Why sirs. Why dont you have the infrastructure to take up issues reported by us. Why is there not a circle in every...

      By Harsimran Kaur
      /
    • VU Smart display gone in just 1 year

      I have purchased VU Smart tv worth 40,000 in nov 2018 and in nov 2019 just 2 days after warranty expired it stopped working with horizontal lines on display panel , they are fooling people with the...

      By Rahul Tripathi
      /
    • Worst e-commerce is croma.com

      I had booked the product as a gift to my friend on 23rd Nov 2019. The product was supposed to be delivered on 30th Nov 2019 as on 1st Dec 2019 was her marriage. As croma.com is not a very popular e...

      By Debojyoti Kundu
      /
    • Fake websites

      I recently fell prey to a fake website Montblancindia.com that uses authentic Montblanc logo etc and was offering premium pen at 50% discount. Buyers beware. The product that they sent was in a sha...

      By Anonymous Circle member
      /
    • online pharmacies

      These pharmacies,on the face of it,are perfectly legal,and are selling genuine medicines through valid reciepts and paers,on the basis of prescriptions forwarded to them.The Govt. is falling into t...

      By GOVIND PERHSAD
      /
    • Online pharmacies are illegal

      The drug regulatir has reiterated today that epharmacies are illegal. Can someone in the circle please clarify what does that mean. How will govt enforce this? Warrant against the direct...

      By Sneha Goyal
      /
    • Jio Mobile -- Malfunctioning of Jio Sim Card ! ?

      Just a one month ago, I have purchased a brand new Jio Sim card , from a Jio outlet from Sahakar nagar area, Pune. The Jio sales person has verified the Adhar Card, taken a Fre...

      By Achyut Joshi
      /
    • Fast tag - Good intentions, wrong time, wrong implementation

      While fast tag would be good for the users in terms of not having to take out cash, wait for change etc., the timing and implementation are not what they ought to be. Timing: December, January...

      By Padmanabhan G
      /
    • Doctors accepting women as bribes from pharma cos

      So pharma companies are now offering women to doctors in addition to bribes, free foreign trip etc which were always the norm. No wonder doctors are getting beaten. So much frustration is easy to u...

      By Sandhya Agarwal
      /
    • Reliance Jio model is permissible now?

      Step 1 - Lower prices to unrealistic levels, get Govt to support, kill competition. Step 2 - take major market share in 2-3 years Step 3 - Reliance Jio to raise mobile service...

      By Amit Mishra
      /
Share
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)