Payumoney To Bank 2% Chargeable (16 May)
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This email notification is regarding change in applicable charges on Bank account transfers from PayUmoney wallet issued by RBL Bank.
With effect from 16th May 2016, all transfers to bank account would be charged a flat 2% fee as processing charges. The minimum balance required to transfer to bank account remains the same at Rs. 500.
Please note, this charge is not applicable when you move your refunds from wallet to source.
What is Refund to Source?
Source indicates the mode of payment, which can be either of Credit Card, Debit Card or Net Banking. When a wallet refund is moved to source, the money moves from your wallet to the payment’s source of funds.
Steps to process refunds from wallet to source:
1. Visit your PayUmoney Dashboard and login with your email and password.
2. Check your payment ID for which you have received a refund and click on Refund to Source (available in the Actions column).
Should you have any queries, please connect with us at , and we would be happy to help you out.
Happy buying and more,
Team PayUmoney
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