Dear sir/ mam,
My name is shruti pandey. I have a paytm wallet. This complaint is regarding their ignorance towards their customer privacy. Two days back i recharged my paytm wallet. When i was adding the money, i didn't get any alert from them that without kyc i’ll be unable to use my own wallet's money. After recharge when i tried to make payment to my vendor, i got an alert that without kyc i can’t transfer the money. Helplessly when i started the kyc procedure, apart from my adhaar number they want my personal information (Which was irrelevant, but they made it mandate) like my pan card number; occupation; income; mother's and father's name. Being a customer i felt unsafe while sharing these informations. After kyc, they want to send someone at our place for a mandate verification. My point is that they already have our debit & credit card details/ bank details saved in our paytm account, our adhaar details; our pan card details & our personal information. On the name of kyc how can they send someone at our place for verification, when we are already verified indian citizen by the govt of india. They are not even government body then why they need so much personal information, especially when we are just using paytm account as a wallet. When a billion-dollar organization like facebook can loss its customer data, how can they (Paytm) are playing with our crucial information on the name of rbi guidelines.
Please take some serious step in this direction and do the needful as these days most of the organizations are asking for different kind off personal details on the name of kyc and rbi guidelines. Please make some strict guidelines for the organizations and make it public so that innocent people should know that how much personal information they can share on the name of kyc, else i am sure that we will face some serious scandal in near future.
Hope to get this issue resolved soon.
Thanks & regards
Shruti