Paytm UPI Service: Good news for Paytm users, now you can make payments through Paytm UPI in these countries

 

Paytm UPI Service: Indian travelers going abroad can now use their Paytm app to make hassle-free payments at those places. It can be used only at those places where UPI is accepted.

UPI Payment Service: If you use Paytm and often go out of the country, then this news is useful for you. Yes, One97 Communications (OCL), the company that owns Paytm, announced the launch of UPI payment service for Paytm users at select international destinations including UAE, Singapore, France, Mauritius, Bhutan and Nepal. One97 Communications (OCL) owns the Paytm brand.

UPI can be used for shopping abroad

According to a statement, after this step, users will be able to use UPI through their Paytm app to pay for shopping, food etc. abroad. It said, ‘One97 Communications (OCL), which is the country’s leading payment and financial service distribution company. It owns the QR, Soundbox and Paytm brands, the leading mobile payment platform. The company has launched UPI payment services for Paytm users in some international locations outside the country.

Travelers going out of the country will get convenience

Indian travelers going out of the country can now use their Paytm app to make seamless payments at those places. It can be used only at those places where UPI is accepted. These places include United Arab Emirates (UAE), Singapore, France, Mauritius, Bhutan and Nepal. Paytm spokesperson said, ‘In view of the upcoming holidays, we are confident that this step will make the foreign travel of users more convenient.’

Work is being done to increase the scope of UPI

Let us tell you that the Government of India is continuously working on increasing the scope of UPI outside the country as well. In the last one to one and a half years, UPI facility has become available in many countries. Currently UPI can be used in Sri Lanka, Mauritius, Bhutan, UAE, Singapore, Oman and Nepal. Apart from this, it is expected to be launched soon in Malaysia, Saudi Arabia, Australia, USA, Bahrain, Japan, Philippines etc.

Comments

Post a Comment

Popular posts from this blog

Senior Citizen Train Ticket Discount: Government has issued a new statement regarding giving discount to senior citizens on train tickets, know the details here

Image
  Senior Citizen Train Ticket Discount: Once again a demand has been made in the Lok Sabha to give discount to senior citizens on train tickets. Senior Citizen Train Ticket Discount:  Railways has withdrawn the discount given to senior citizens on train tickets since the Corona period. However, from time to time there has been a demand to restore this concession given to senior citizens in trains. Even in the winter session of the Lok Sabha, some members raised the demand for increasing fare concessions and facilities for senior citizens traveling in trains. However, even before this, Railway Minister Ashwini Vaishnav has told in the Lok Sabha that during the train journey, every passenger is given an average subsidy of 53 percent on the train ticket. Apart from this, he also told who gets discount on tickets while traveling by train. Demand for discount in train tickets raised again During Zero Hour in the House, Janata Dal (United) MP Kaushalendra Kumar said that before the Corona ep
Read more

Cash Transaction Rules: Income tax rules on cash transaction between Husband-Wife and Son-Father, know rules

Image
  Cash Transaction Rules: Income tax keeps an eye on our every transaction. But is there any tax on cash transactions or can Income Tax send a notice? Or how much cash transaction can take place between you and your wife or between father and son? If you also have these questions in your mind, then let us know their answers… If you also transact money between father and son or between husband and wife, then this news is useful for you. Actually, every transaction of ours has an eye on income. In such a situation, a question arises in the minds of many people whether income tax notice can be received even on cash transactions? Let us know how much cash transaction you can do in your family. Income tax sends notice? According to tax experts, if you give money every month for household expenses or give money as a gift, then the wife is not liable for income tax. Both these types of amounts will be considered as the income of the husband. The wife will not receive any notice from the Incom
Read more

Have a Current/Savings Bank Account? Know the Cash Deposit Limits under Income Tax Act to avoid Penalties and Notices

Image
  Adhering to cash deposit and withdrawal limits is crucial to remain compliant with the Income Tax Act in India. This article aims to elucidate the various facets of cash-related regulations, encompassing savings and current accounts, fixed deposits, credit card bill payments, real estate transactions, and more.  Cash Deposit Limits in Savings and Current Accounts The Indian Income Tax Act imposes specific regulations on significant cash deposits in savings accounts. Individuals accumulating INR 10 lakh or more during a fiscal year must notify tax authorities.  For current accounts, this threshold is set higher at INR 50 lakh. Although not immediately taxed, financial institutions report transactions exceeding these limits.  Cash Withdrawal and TDS under Section 194N  Section 194N outlines TDS rules for cash withdrawals. A 2% TDS is levied on withdrawals exceeding INR 1 crore within a fiscal year. Non-filers face a 2% TDS on withdrawals over INR 20 lakh and a 5% TDS on amounts exceedi
Read more