Linking Aadhaar with Paytm: Deadline ends today to complete KYC for e-wallets
Paytm's KYC option seemed to face some trouble at the last hour of the deadline. Multiple customers were left harried after they got the error "Oops. Something went wrong during the application process. Please try again later".
- Feb 28, 2018,
- Updated Mar 1, 2018 12:33 PM IST
The e-KYC deadline for mobile wallets ends on Wednesday night (February 28). Those who've not done it have just a few hours to complete the KYC process. Once the deadline ends, you won't be able to use all features of your mobile wallet services. However, Paytm's KYC option seemed to face some trouble at the last hour of the deadline. Multiple customers were left harried after they got the error "Oops. Something went wrong during the application process. Please try again later".
There's been a lot of noise over the KYC-linking of e-wallets for the past one week. But there is no reason for users to panic because RBI Deputy Governor BP Kanungo has made it clear that "customers will not lose their money". Also, you could choose to close the PPI (prepaid payment instrument) account and get the balance money transferred into your bank accounts.
The e-KYC deadline for mobile wallets ends on Wednesday night (February 28). Those who've not done it have just a few hours to complete the KYC process. Once the deadline ends, you won't be able to use all features of your mobile wallet services. However, Paytm's KYC option seemed to face some trouble at the last hour of the deadline. Multiple customers were left harried after they got the error "Oops. Something went wrong during the application process. Please try again later".
There's been a lot of noise over the KYC-linking of e-wallets for the past one week. But there is no reason for users to panic because RBI Deputy Governor BP Kanungo has made it clear that "customers will not lose their money". Also, you could choose to close the PPI (prepaid payment instrument) account and get the balance money transferred into your bank accounts.