Paytm Wallet has been quite a common mode of payment for many users across apps. Popular ride hailing app Uber is one of them. However, given Paytm’s — rather Paytm Bank’s — recent troubles with the Reserve Bank of India, it comes as little surprise to see Uber issuing an advisory to users.
Uber is informing users that starting March 16, 2024, they will no longer be able to top up their Paytm Wallet due to a recent Reserve Bank of India (RBI) directive.However, users can still utilise their existing Paytm Wallet balance for Uber rides even after the deadline. Uber is sending emails to users about the same. Here’s the email in full, which we received from Uber’s support team:
“As per a recent direction from RBI, Paytm users will not be able to top-up their Paytm Wallet after 15 March 2024. Please note that you can still utilise your existing Paytm Wallet balance to pay for your Uber rides post 15 March 2024. If you have been using Paytm Wallet on Uber, we suggest you to either top up your Paytm Wallet with sufficient balance before 15 March or switch to another payment method for a hassle-free uninterrupted Uber experience.
You can choose to pay for your Uber trips via:
1.Amazon Pay (wallet alternative to Paytm and does not require OTP for checkout)
2.Uber Cash (does not require OTP for checkout)
3.UPI
4.Credit Cards/Debit Cards
5.Physical cash”
For those who are Amazon Prime members, they can avail 5% cashback on unlimited rides when using Amazon Pay as their mode of payment. Out of the 5%, they will receive 4% as Uber credit and 1% as Amazon Pay cashback, which can be used to save more on future rides with Uber and fulfill shopping needs on Amazon.in.