Oh. Will this be like a pay later thing or just wallet? Wanted to co firmany wallet will ask for KYC now..
anything will need kyc.Oh. Will this be like a pay later thing or just wallet? Wanted to co firm
anything will need kyc.
No, it depends on wallet type..any wallet will ask for KYC now..
Hmm will this report in CIBIL as a credit line?No, it depends on wallet type..
If the wallet is topped up by Gift Vouchers , no need of KYC..
They are called closed PPI, meaning these wallet balances can only be used for that app purchases only.
Example: Swiggy Money..
Swiggy Money is a closed PPI and can only be used for Swiggy purchases…
simple answer : NO.Hmm will this report in CIBIL as a credit line?
No, nothing like that.Hmm will this report in CIBIL as a credit line?
You haven't answered my question yet.Hmm will this report in CIBIL as a credit line?
Ok Thank you. Wanted to redeem gift card, thought I had to redeem to wallet but there is a separate gift card and zomato credits sections, so I don't need thisNo, nothing like that.
It's a PPI, ( pre paid instrument) , you have to load this first before using it
Good boy, now you are on the right track..Ok Thank you. Wanted to redeem gift card, thought I had to redeem to wallet but there is a separate gift card and zomato credits sections, so I don't need this
yes.. but if u get a swiggy voucher for 500 rs its asks for kyc.. i have experienced it... GV pieces are not really the wallets i was referring to... agree with youNo, it depends on wallet type..
If the wallet is topped up by Gift Vouchers , no need of KYC..
They are called closed PPI, meaning these wallet balances can only be used for that app purchases only.
Example: Swiggy Money..
Swiggy Money is a closed PPI and can only be used for Swiggy purchases…
like i said.. i have experienced it myself earlier..
infact we bought swiggy vouchers for our employees and faced huge backlash when they asked for PAN.. we had to swap for other vouchers.. they may have chgd the rules nowlike i said.. i have experienced it myself earlier..