Paytm — Are wallet companies working to hide black money transfers? | |||
Wallet organizations like paytm, oxygen, mobikwik and many others might be a way to work on black money transfers; There is not transaction trail on transactions you do via these wallets to the merchants; they do not fall under rbi but can be used as savings accounts; Unlike banks paytm and other wallet transaction do not catch rbi or regulatory eye; and anything fishy could be transacted; this needs to be in eye of raghuram rajan or rbi Was this information helpful? | |||
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