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Payzapp + Red Girraffe MCC Patched

Virgo

TF Premier
VIP Lounge
Payzapp has corrected the MCC for rent transactions done on Red Girraffe. I did a transaction yesterday and the merchant name is reflected as PZRENT. The transaction got settled today and Axis has charged a 1% rent surcharge + GST as well. So it’s no longer reflected as a utility transaction
 

Calm Radiance

TF Premier
Yes as of 31st March. Should work now also
thanks for confirmation; saw this thread where 1 user stated payzapp charges 0.46% on total rent amount as convenience charges.

https://www.technofino.in/community...-pay-options-on-redgiraffe.18044/#post-489340


so if rent is 17500, in which RG charges 81 INR (convenience fee) thereby total rent : 17581 needs to be paid via payzapp, on which payzapp will add extra 0.46% right? ie. 17581*.46%= 80; hence total amount paid = 17661 INR.

Assuming I get 1% CB using HDFC Millennia CC on payzapp wallet load, total net = 17661-176= 17485 INR, is profit of just 15 INR :p; is my calculation correct?

Thanks.
 
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sourpai

TF Ace
VIP Lounge
thanks for confirmation; saw this thread where 1 user stated payzapp charges 0.46% on total rent amount as convenience charges.

https://www.technofino.in/community...-pay-options-on-redgiraffe.18044/#post-489340


so if rent is 17500, in which RG charges 81 INR (convenience fee) thereby total rent : 17581 needs to be paid via payzapp, on which payzapp will add extra 0.46% right? ie. 17581*.46%= 80; hence total amount paid = 17661 INR.

Hence loss = 17661-17500= 161 INR, is my calculation correct?

Thanks.
Payzap does not add any charges. If your rent is 17500, RG will create a bill for 17581 which is visible on Payzap and can be paid without any additional charge
 

REGIUS24

TF Buzz
Payzap does not add any charges. If your rent is 17500, RG will create a bill for 17581 which is visible on Payzap and can be paid without any additional charge
hi. i dont think hdfc millenia gives rewards for payzap wallet load even though it claims rewards for wallet load as I tried but didn't get..but you can do rent payment in payzap without adding to wallet i.e on payzap page pay with millennia credit card as one transaction per month doesn't attract any charges and no rewards as well but spend criteria or milestones can be met. correct me if I am wrong. thank you.
 

Calm Radiance

TF Premier
hi. i dont think hdfc millenia gives rewards for payzap wallet load even though it claims rewards for wallet load as I tried but didn't get..but you can do rent payment in payzap without adding to wallet i.e on payzap page pay with millennia credit card as one transaction per month doesn't attract any charges and no rewards as well but spend criteria or milestones can be met. correct me if I am wrong. thank you.
Remind me on May 4. I did a test transaction in payzapp wallet to check CB using HDFC millennia cc.
 
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