Whats the MCC code for PAYTM GOLD

[blaze]

Has anybody done transaction of digital gold via Paytm, If yes do you know what's the mcc code for merchant PAYTM GOLD?

Also, how tough is it to resell it?

 

[Wealth is my birth right!]

Did u find mcc?

 

[blaze]

Did u find mcc?

5094. dont use it though. there's some hidden transaction charges around 2-3%, forgot the exact number

 

[Wealth is my birth right!]

5094. dont use it though. there's some hidden transaction charges around 2-3%, forgot the exact number

Thanks for the heads up

 

[TheRecharger]

5094. dont use it though. there's some hidden transaction charges around 2-3%, forgot the exact number

What are the hidden charges?

 

[blaze]

What are the hidden charges?

When you purchase gold for 100 rupees, the gold you receive is subject to a 3% charge. Therefore, the actual amount of gold you get is 97 rupees.

 

[TheRecharger]

When you purchase gold for 100 rupees, the gold you receive is subject to a 3% charge. Therefore, the actual amount of gold you get is 97 rupees.

It's GST, isn't it?

 

[blaze]

It's GST, isn't it?

Yeah it is but they are not upfront about it. You will be able to see the gst only if you download the invoice.