Some Paytm Wallets Will Be Closed From 20 July: Paytm company is facing troubles one after another. Paytm is going to close the wallets linked to the payment bank accounts of some users from next month.
If you use this wallet then definitely read this news. However, the company will inform such users before closing their accounts.
If you use Paytm wallet then this news is useful for you. Paytm is going to close some Paytm wallets from 20 July. In such a situation, it is possible that your wallet account may also be closed. However, before closing the account, the company has given some time to the customers. If the users do the work told by the company, then their account will not be closed.
The accounts of these users will be closed
Paytm Payments Bank has said that those Payments Bank Wallet users whose accounts are not active for a year and have zero balance will be closed from July 20. However, before closing the account, such users will be sent a message from the company so that they can activate their wallet. The company has also given information about this on its website.
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The Reserve Bank has imposed a ban
Currently, the Reserve Bank has put a ban on Paytm’s payment bank. In March, the Reserve Bank had told the company that after March 15, no new account will be opened nor will any money be added to it. However, those who already have money in their accounts will not be affected by this and they will continue to use it as before.
Negotiations with Zomato
Recently, news came that Paytm is preparing to sell its movie and event ticketing business. The company is in talks with food chain company Zomato for this. Zomato has also confirmed this. However, no deal has been finalized yet. It is being told that this deal is in the final stage. It is being said that Paytm is working on selling its non-core assets so that it can raise some funds. The company can get Rs 2000 crore after the deal with Zomato is completed.
One problem after another on Paytm
Paytm is facing troubles these days. On one hand, Paytm’s shares have fallen a lot since its listing, while on the other hand, many senior people are resigning from the company. The company has also laid off employees from the company to cover its losses. Employees have raised questions on the company’s layoff process.
