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Paytm allows fund transfers to bank accounts at 0% transaction fee

NEW DELHI: Earlier this week, mobile payment and¬†e-commerce¬†platform Paytm rolled out a feature allowing users and merchants to send money from their Paytm wallets to any bank account at 1% transaction fee. However, now the company has announced that it won’t be charging any transaction fee on bank transfers at all. Paytm’s most recent move comes after MobiKwik reported it’ll allow support exchanges to financial balances at 0% transaction fee.