Quick Answer: Is Paytm Money Safe Quora?

Which is better Paytm or PhonePe?

PhonePe gives you the easier interface for merchant payment than in Paytm.

PhonePe has QR icon on the top of the home page, while the Paytm it is at the bottom..

Can I invest in Paytm?

We are thrilled to announce the launch of Stock Trading on our online investment & wealth management platform Paytm Money. This new addition will benefit experienced as well as first-time investors to seamlessly invest and trade in stocks in a completely digital & secure environment.

Is Paytm banned by Google?

Paytm hits back at Google, terms its brief ban from Play Store as ‘arm-twisting’ Bengaluru: Two days after its main app was taken down from the Google Play Store, payments firm Paytm in a new blog post on Sunday called its temporary ban from the Android app store ‘arm-twisting’ by the global search major.

Is Google pay better than Paytm?

Well here Paytm has an advantage over Google Pay. It allows you to pay your bills and mobile recharge via credit card. For Google Pay, you don’t have an option to pay through credit cards. So if you are running out of cash and your bill is due, you can pay the same via Paytm using a credit card.

Can I lose all my money in mutual fund?

With mutual funds, you may lose some or all of the money you invest because the securities held by a fund can go down in value. Dividends or interest payments may also change as market conditions change.

Is Google Pay banned in India?

Google Pay is not banned in India, clarified the National Payments Corporation of India (NPCI). … Companies like Google Pay are app providers to the PSO, and NPCI confirmed that transactions on Google Pay are fully protected under the law.

Is Paytm banned in India?

No, Paytm is not banned in India and it continues to remain operational in the country. Though the company has a substantial Chinese investment, it is not a Chinese company.

Is Paytm money free?

The service will be completely free for Paytm Money users.

Why Paytm is removed?

Paytm was removed from the Google Play Store on Friday. The app was removed for violating Google’s complex rules around online gambling, contests with cash prizes. Paytm has said that it is unavailable on Google Play Store due to some new updates and downloads.

Can Paytm be hacked?

Yes, if your Paytm account is compromised. When the hacker gets access to your wallet or UPI APP, the hacker can access the bank details or credit/debit details and misuse it to withdraw money. … Remember these 10 short and simple tips to protect your money while using these digital payment Apps.

Is Paytm money safe?

In India, it is the Securities and Exchange Board of India (SEBI) that regulates all the mutual funds. This means that there is the highest level of transparency and security in practice. With Paytm Money as your trusted wealth partner, you can rest assured that your hard-earned money is in safe hands.

Is Paytm safe Quora?

Yes, It is completely safe to do transactions through PayTm. You only have to secure your PayTm wallet password (though they send OTP for signing in purpose on new devices). And you also have to enter correct mobile number while paying anybody, as once you pay to any mobile number it cannot be get backe to your wallet.

Does Paytm money take commission?

Paytm Money will sell only direct plans of all mutual fund schemes. Direct plans come with a lower expense ratio as they do not have distributor commissions embedded in them. … Initially, Paytm Money will not charge fees from their customers, even though it does not earn any commission as it is selling direct plans.

Is Paytm money SEBI registered?

Paytm Money (including the App and Website are owned by Paytm Money Limited, a company incorporated under the Companies Act, 2013 and having its registered office at 136, Ist Floor, Devika Tower, Nehru Place, New Delhi – 110019 and is also registered with the Securities and Exchange Board of India (‘SEBI’) as an …

Which is better Zerodha or Paytm money?

Here are the list top view metrics we are using for comparison: Overview. Customer Ratings….Paytm Money vs Zerodha – Compare Brokerage Charges, Demat Account & more.Overview of Zerodha & Paytm MoneyOverviewZerodhaPaytm MoneyCustomer RatingsZerodhaPaytm MoneyExperience5.7/102.7/5Products & Services8.5/102.8/5118 more rows•Feb 2, 2020