Wrong knowledge Paytm ne mera account nahi khola Na jabardasti khulvaya Aur nahi kyc me koi kasar chodi Mai jaise hi video kyc me apna pan dikhata Mera pan reject kar dete the kyonki pan me mere father ka nam nahi hai
What a bullshit video @LabourLawAdvisor. Expected better from you guys . This video is totally biased and based on rumour's without any evidence to support your words . Wouldn't have it been better, if you presented the actual report data presented by RBI instead of assuming things and presenting the same story which indian TV channels do .You people need to do better research and check facts.
@@AlphaSierra380 reason I am saying is because the soldier LIC in my name to my mom where I don't even work And my medical condition will sure I will not able to work
If paytm is a fintech pioneer, it doesn't mean they can play with laws and regulations of the country. No one is above law and constitution. Thank you mandeep bhaiya and whole LLA team
Thankful to the RBI for saving our economy from the Paytm. Non compliance should not be ignored as it kills your company. Company Secretaries play key role to comply all the laws in the corporate.
I use Paytm QR for accepting payments in my business...even tho my current A/c is with another bank... and I tried so hard to find any info about how will this paytm saga affect me... couldn't find any conclusive information... Thanks mandeep for covering that part...now i can plan accordingly. Paytm website is still misleading by giving a stupid Myth and Fact chart 😪
📢 Kindly note: Paytm app and its services are fully operational, and will continue to work even after Feb 29th. This includes Paytm QR, Paytm Soundbox, Paytm Card Machine which will work as before. Stay informed through our official Whatsapp channel: whatsapp.com/channel/0029VaHTx1TDp2Q9GKJUDG30
A similar case is with Airtel payment Bank, customer ko sim bechne ke bahane bank account bhi khulwa Lia, or UIDAI ka ek loophole I e. Last mapped account me hi DBT jayega, ka faida le liya. MNRega k beneficiaries gas subsidy k beneficiaries ka Paisa unke conventional bank account me na ja k Airtel payment Bank me jata hai
@@notify1265wahi ha lekin unko inke samne ko khada karega yeh log profit ka chakkar ma unke employees ko utha lenge Jab talent hi tere pass nhi hoga to solve kaise karega
Though I got to know about paytm blunder a few days ago, i did not watch any TH-cam video to know the details. Your video popped up on top today n I clicked it immediately bcz I knew only you would talk sense. Thanks mandeep.
Upi was not invented by PAYTM... it's a project wholly owned and developed by NPCI funded by GOVT BANKS... and credit is taking by paytm and phone pe...
@@AyyoGamerna, they got more attention because of marketing and crazy cashback offer ( even i have joined paytm and phonepe for that😅) . At that time google pay , sbi pay , and so many others were in the market...but paytm and phonpe , they provided crazy cashback offers, and better advertisement, hence captured the market...
During IPO, Vijay shekhar played National Anthem & shed tears in the name of patriotism.... that day itself it was clear this guy is a fraud. I wonder how people don't recognise such "dhongi's".
Me paytm payment bank se itna addicted hogya thaa ki mujhe iske alawa koi bank psnd nhi thaa per kya kre indian bank itna facilities nhi deta ab jobhi ho india is upper in our priorities 🥺💝
Insurance industry in India needs to be regulated tightly as well. Most of the agents sell plans without proper knowledge of the customer. RBI needs to step in here as well
Meri mother ko hdfc life ki ek policy investment policy bata kar bechi, m chilata reh gaya ke isme insurance kyu h, but mummy ne le li bcs policy dene vali ne apne bachon ki kasam khayi thi, i just hope her kids are fine, kitni jhuthi kasme khayi hongi
I stopped using paytm in 2020. Its interface was too confusing. Its like TOO MANY features, not properly organised. Then also , that time Paytm first games. Its too much non sense to tolerate. I switched over to phonepe mostly, sometime I use google pay.
As you said that in the video, i.e impact on merchants, i had a conversation with nearby merchants about this and they had concerns till feb 2, on feb 3 when i asked them the same question about the impact on there paytm bank there answer was totally different, they said paytm sales agents came and gave them assurance that there QR code and everything will keep on working and they have nothing to worry. I told them about the nodal account but it looks like paytm's sales agent did there best in assuring merchants that they will not fail. And now after 15th feb paytm joined hands with axis bank to support itself and increase its working again (with the govt.'s backing).
Bajaj finserv wale bhi same aisa hi kar rahe hai 1) Koi bhi consumer product finance karte waqt kai baar otp lete hai 2) Ek App download karwate hai aur usmein zabardasti upi activate karte hai, bolte hai ye mandatory hai
Mujhe card de rahe the free mein, fir paise ke liye msg aate rahe to card nahi banwaya, vo ajj tak aa rahe h, pata nahi kaise band karu, pareshan hogaya.
@@chiragwadhwa4795Go and file a complaint in the customer service or government complaint box. Idk how but get directly in contact with such content creators and seek guidance.
In my case, OTP was asked for just once and they didn’t force me for any app download or card. I was the one instead who asked them which app I should download. I think it totally depends on where you get it done from. I got it done from an Apple retailer and they’re never annoying anyway. Chroma etc might be though.
I'm mostly worried about small business owners who trusted paytm and use their QR Now they will not trust phonepe and Google pay as well with their money, few of them might stop accepting QR payments as well which will hurt the cashless economy and digital india vison
📢 Please be assured the Paytm app and its services are fully operational, and will continue without any interruptions even after February 29th. This includes Paytm QR, Paytm Soundbox, Paytm Card Machine. Stay updated by following our official WhatsApp channel: whatsapp.com/channel/0029VaHTx1TDp2Q9GKJUDG30
📢 Please be assured that the Paytm app and its services are fully operational, and will continue without any interruptions even after February 29th. Paytm QR, Paytm Soundbox, Paytm Card Machine will work as before. Stay updated by following our official WhatsApp channel: whatsapp.com/channel/0029VaHTx1TDp2Q9GKJUDG30
As a Data Engineer who has work on Paytm data, I completely agree that PAYTM has done a major misplace in their database and I even know they can not fix it for their old account because of their pathetic data structure. As they will go in older account they will find more irregularities.
6:18 neither Airtel payment bank nor Jio payment Bank have separate apps for three Bank usage only. They have integrated the bank services in My Airtel and My Jio app. So other player should be scrutinized for this point as well.
Haa pehle airtel bhi karta tha 😂 airtel Number KYC karne jao toh saath mein Airtel Payments Bank account bhi open kar dete thay 😅 per abhi nahi aisa karte RBI ne unper bhi fine lagaya tha bahut pehle 🙏🏻 par abhi airtel apni galtiyon se seekh chuka tha 👍🏻abhi yeh sab band kar diya Airtel ne
Jio doesn't have bank licence and they aren't going to have in future tho they must partner with other banks and recently they are rumours that jio financial are trying to acquire the Paytm but they clarify it's not like that... And Airtel may have licence for payment banks not jio
@@IncognitoSahil they don't operate on their own they have a tie up with other financial institutions for the payment hope you remember and after a periods they closed it cz it's not gonna work
Morgan Stanley ne 1% se kam kharida hai. As per SEBI regulations they can sell it anytime without any prior notice. Agar unhe kuch sach me pata hota to 1% se jyada hi kharidte, SEBI ko inform karke kharidte. Mujhe to lagta hai yeh ek gambling move hai or Issey retail investors fir phasne Wale hai
What India lacks is competition. The government can't govern everything. Paytm kind of companies will only do well if they have the fear of losing the customers and that can only be made by competition.
Problem is not with competition ( you have phonepe, gpay, bhim etc but government politicians will lift only one which is required for them just like how Demonetisation stage helped Paytm when government app is no where in picture ) , private capitalists are politician Stooges and they will manipulate company finance and sink retail investors, private capitalism is bound to fail at some point and those poor retail investors who stay for long and who do not have insider news will sink , capitalism is nothing but political capitalism
Thank you so much for highlighting this aspect! There is not enough market competition, and CCI's powers and regulatory capacity are unfortunately limited. Competition drives better outcomes and lower prices for consumers. In the end, UPI is dominated by 3 players (GPay, PhonePe, PayTM), and the wallet market is also limited. There is also a problem of high barriers to entry - which means that new players find it difficult to enter the market due to excessive market power of big players like PayTM and problems in licensing conditions etc. This needs to be fixed, otherwise in a market where there are a few dominant players, companies have zero incentive to get better - because customers can't leave them! we are getting utterly shafted by these people.
I had only one payment app in my mobile and that was paytm until this news broke out. Using paytm payment bank for day to day transactions and all the services like movie, irctc, metro tickets are unmatched by any other. I never encountered any problem. In fact i have been using paytm since 2013 when i got my first smartphone. I just hope this company don't die and will switch back to it if things sort out and hope they do all the complainces they have been asked by the RBI.
📢 Kindly note: Your favorite app Paytm app and its services are fully operational, and will continue to work even after Feb 29th. Stay informed through our official Whatsapp channel: whatsapp.com/channel/0029VaHTx1TDp2Q9GKJUDG30
hi Lla team , a lot of users are facing problems related to fastag ! as almost everyone is having a paytm fastag they all want to close it and shift to another fastag , but there is no such video on it on internet ! if you can make such content it will be very useful for many people !
I appreciate the fact that the LLA team always helps in clarity. Thanks Mandeep for this video. I was in the middle of buying this stock because of continuous fall. But now, I'm sure I shouldn't do so. Better to look for some other good long term stock.
7:01 I was interviewed at paytm and they asked me if you use paytm I said the same thing I don't use it as it's confusing. The interviewer was not very happy and tried to defend by saying now we are not just wallet app paytm has grown now you can also book concert tickets and all.
Good! Last year only i closed my account and requested to delete my data from their server. They were charging more on postpaid even when I never made a late payment.
Please anyone answer : In Atal Pension Yojana: After demise of Subscriber and Spouse, corpus amount will be given to Nominee. What if the spouse is the nominee as well, Does the spouse get corpus as well as pension till death?
Does anyone here know any other service which lets us withdraw money from Credit cards into wallets or bank? Paytm wallet is the only one I know of and they’ll stop allowing that soon.
Thank you for such a detailed analysis Was about to buy a share worth 50k of Paytm but now it is clear that Paytm is a fraud company better to stay away from it
No bro, thinkschool is business oriented channel, on the other side LLA is general public and labour oriented channel. Aap video pe dhyan do thinkschool wali video me Paytm ke business system, backend me kya hota hai(ex; nodal account)samjaya. Par lla me public, retail investors, merchants ko kya loss hoa, bank me kya irregularities hai, in sabpe focus tha. Dono hi video ache hai, par lla jada deatiled hai compliance irregularities ko leke. Baki jaha tak images or PPT slides ki baat hai to wo sab Google par available hai aap bhi download karke use kar sakte ho.
09:10 I doubt whether @paytm will stop working...just when yesbank had stopped operation phonepe which was highly dependent on yes bank...phonepe quietly switched the underlying bank...paytm will do the same thing
📢 Please be assured that the Paytm app and its services are fully operational, and will continue without any interruptions even after February 29th. Stay updated by following our official WhatsApp channel: whatsapp.com/channel/0029VaHTx1TDp2Q9GKJUDG30
Mere sath 2018 me fraud hua tha fraud ka sara paisa paytm payment bank ke account mai transfer hua tha. Mere drwara paytm ko call kiya gya tha legal notice bhi bheja tha lekin koi support nahi mila Paytm ki side se. Finally police complaint ki halaki bank account freeze karwa diya tha maine. Desh mia jitne bhi fraud ho rahe hai sab payment bank ki karamat hai. Account hi beche ja rahe hai with ATM.
There are many banks which is issuing loans to people on other people's PAN. If an average person goes to see his CIBIL score, it's very bad and when you try to find how; it comes out that your PAN number has been used by someone else to get a loan
During covid in my home town, the paytm agent said they are doing aadhar verification kyc verification. I asked who sent you, they said paytm is helping people to do KYC verification to link aadhar card with bank (current bank never mentioned paytm bank) , i felt something is fishy and i said i will do it directly in bank.
very informative video... same thing happened when my sister did kyc.. she had no idea that her PayTM payment account is created.. P.S.: i think you need a better video editor who knows sound designing... Because it is irritating for me... when there is a background music in one scene and suddenly the music stops on the other scene..
even baaki k banks me v yahi hota h , wo pressure dete h account opening k liye and customer does not make the decision , that particular salesperson make the decision. just imagine how will a single sales person will open 20 new bank accounts in a month. will that will be the decision of customer? and after that everyone is not capable to maintain minimum balance and after that bank levy the non maintenance charges .
I submitted RC photos when buying FasTag on PayTm. But when I check today, it shows RC photos missing. What happened to the RC photos submitted at the time of purchase? 😢
📢 Kindly note: Paytm app and its services are fully operational, and will continue to work even after Feb 29th. This includes Paytm Money. Stay informed through our official Whatsapp channel: whatsapp.com/channel/0029VaHTx1TDp2Q9GKJUDG30
believe me or not but paytm bank was the one of the finest bank service i was ever seen - no money hold or pending problem, instant refund , never ever server down unlike sbi😂 india’s top bank
😂i support your cmmnt bro....paytm payment bank is one of the finest banking service and literally hastle free experience...i never have to fear for failed transaction or server busy like sbi
@@v.k.g.kj. bhai finest in the sense of service ...Paytm Payments bank ka service 10000x times better thi other banks ke comparison me ... Hastle free transaction, no server down , no delay in payment and processing..
There is day and light differrence between money and number of transactions handled by Paytm servers vs SBI servers. To those who think Paytm severs are better due to less downtime. 😂
Hi sir, sorry for i write here I am your regular viewers I need your advice recently I joined a company and the company did not mention health insurance in an offer letter and now the company deduct health insurance from my in hand salary and they said the health insurance is not part of CTC that's why we deduct your offer letter Inhand salary. What to do I don't know i wait for your advice Thank you sir
7:00 this is one of the main reasons why I totally closed my paytm account bank account wallet everything. I totally asked them to remove or closed all the things related to me. This was confusing and useless. I’ll better use SBI and manage but this cash back and coupon and discount offered on paytm looked shady.
What's your opinion on this #JagrukJanta, Comment Below! 👇
Wrong knowledge
Paytm ne mera account nahi khola
Na jabardasti khulvaya
Aur nahi kyc me koi kasar chodi
Mai jaise hi video kyc me apna pan dikhata Mera pan reject kar dete the kyonki pan me mere father ka nam nahi hai
Simp @@_Feelings_
India will end up c grade china
What a bullshit video @LabourLawAdvisor. Expected better from you guys .
This video is totally biased and based on rumour's without any evidence to support your words .
Wouldn't have it been better, if you presented the actual report data presented by RBI instead of assuming things and presenting the same story which indian TV channels do .You people need to do better research and check facts.
@@_Feelings_ simp spotted
Finally some sensible video from a sensible channel, Unlike the noise created by the media. Thank you for putting out the facts.
Actually LIC agents are doing the same but RBI have never taken any action against
@@AlphaSierra380 reason I am saying is because the soldier LIC in my name to my mom where I don't even work
And my medical condition will sure I will not able to work
More than half of the facts are incorrect and misinformed. Dude didnt even did his homework before making this video. Shame on LLA
If paytm is a fintech pioneer, it doesn't mean they can play with laws and regulations of the country.
No one is above law and constitution.
Thank you mandeep bhaiya and whole LLA team
That's what they were doing from start. Acting as a big son of family who wants all the favour
Now go and tell this to Google Pay and foreign banks operating in India. 😂
@@zfold4702 Google Pay is an UPI app not a banking app.
@@zfold4702google is a medium not bank
Na beta jio finance ki tayari hai ye
I am the one who complained in RBI for opening savings account without my concent with wallet kyc...in year 2018-19.
What happened
Bhai ne karodon ki company gira di
Bhai ne PAYTM duba diya ek complain kar ke wah wahh
Ye le bhai tera gold medal 🥇
Bhai to kya hua account khol ne k liyea aapne 1 vi rupiya diya kya,paytm payment bank ne kabhi sms charge nahin kata tha.
Thankful to the RBI for saving our economy from the Paytm. Non compliance should not be ignored as it kills your company. Company Secretaries play key role to comply all the laws in the corporate.
I use Paytm QR for accepting payments in my business...even tho my current A/c is with another bank... and I tried so hard to find any info about how will this paytm saga affect me... couldn't find any conclusive information... Thanks mandeep for covering that part...now i can plan accordingly. Paytm website is still misleading by giving a stupid Myth and Fact chart 😪
📢 Kindly note: Paytm app and its services are fully operational, and will continue to work even after Feb 29th. This includes Paytm QR, Paytm Soundbox, Paytm Card Machine which will work as before. Stay informed through our official Whatsapp channel: whatsapp.com/channel/0029VaHTx1TDp2Q9GKJUDG30
A similar case is with Airtel payment Bank, customer ko sim bechne ke bahane bank account bhi khulwa Lia, or UIDAI ka ek loophole I e. Last mapped account me hi DBT jayega, ka faida le liya.
MNRega k beneficiaries gas subsidy k beneficiaries ka Paisa unke conventional bank account me na ja k Airtel payment Bank me jata hai
Yes bro aaisa mere relatives ke sath bhi hua
india post payments bank is on the way to solve this problem
@@notify1265wahi ha lekin unko inke samne ko khada karega yeh log profit ka chakkar ma unke employees ko utha lenge
Jab talent hi tere pass nhi hoga to solve kaise karega
Payments bank are the latest fraud in India.
Compliant daal de bhai RBI ombudsman m.... Phle Airtle PB m complain dalna Or 30 din baad RBI me
Paytm was really shady from day 1, I never did kyc just because of this reason.
Same here😂
Sahi bola
Not agree to you
absolutely right brother
Same here
How ironic! I'm watching a video about Paytm's downfall, and amidst it, there's a Paytm ad claiming 'Trust of 30 crore Indians
lol
Shadi ke baad chamak aayyi hai 0:38 face pe 😊😊😊😊 love you sir are u back
Though I got to know about paytm blunder a few days ago, i did not watch any TH-cam video to know the details. Your video popped up on top today n I clicked it immediately bcz I knew only you would talk sense. Thanks mandeep.
Upi was not invented by PAYTM... it's a project wholly owned and developed by NPCI funded by GOVT BANKS... and credit is taking by paytm and phone pe...
They implemented it for common consumer thats it...
@@AyyoGamerna, they got more attention because of marketing and crazy cashback offer ( even i have joined paytm and phonepe for that😅) . At that time google pay , sbi pay , and so many others were in the market...but paytm and phonpe , they provided crazy cashback offers, and better advertisement, hence captured the market...
They acted as a gateway to simplify the process
But Paytm played the dirty game
Paytm started mobile to mobile transfer and that was the beginning of UPI.. 😅
@@yogeshmhasagar6709 mast joke mara ... 🤣
Third party audit should be mandatory before ipo,
Maybe regular in banking sector overall.
Much needed video from LLA for a clearer picture.. Thank you MMM.
Yes.
Thanks
PayTm Karo ❌
RBI Guidelines Follow Karo ✅
Jab yehi company reliance me merge ho jayegi to tab ye nahi bol paoge
ab payTM na karo..
PayTM se daro...
Pehle bolna chahiye tha
@@viralthakker9303ha qki vo log RBI guidelines follow karenge
Pessimist ofcourse signs of Indian uncle mentality@@viralthakker9303
During IPO, Vijay shekhar played National Anthem & shed tears in the name of patriotism.... that day itself it was clear this guy is a fraud. I wonder how people don't recognise such "dhongi's".
Same chiz modi bhi toh karta hai. Toh kya woh dhongi hai
@@abhisheksahoo5343modi kaam bhi karta hai
modi business Kar rha hai.. example dena nhi ata to ungli chalani jaruri hai😂😂😂😂
@@rocksolid194😂😂
Paytm initially promoted by PM Modi. No more words for his role 😂😂😂
Thanks
Ameeri
Paiiiisaa
Barbaadi😅😅😅😅😅
Teri barbadi suruhogai samajhle.. @@subarnamahato1824
Me paytm payment bank se itna addicted hogya thaa ki mujhe iske alawa koi bank psnd nhi thaa per kya kre indian bank itna facilities nhi deta ab jobhi ho india is upper in our priorities 🥺💝
The best explainer video made on this issue so far.
Best ? 😂😂 Khudka hi knowledge laga k bol diya Paytm ne kabhi force Nehi Kiya kyc kar k account khulne k liye na hi koi agents aise thi 😅
Insurance industry in India needs to be regulated tightly as well. Most of the agents sell plans without proper knowledge of the customer. RBI needs to step in here as well
It doesn't come under RBI, IRDA regulates insurance sector
Meri mother ko hdfc life ki ek policy investment policy bata kar bechi, m chilata reh gaya ke isme insurance kyu h, but mummy ne le li bcs policy dene vali ne apne bachon ki kasam khayi thi, i just hope her kids are fine, kitni jhuthi kasme khayi hongi
@@chiragwadhwa4795Insurance agents ka koi imaan dharam nahi hota. Apne fayde ke liye ye log kisi bhi had tak ja sakte hai.
Banking and insurance need to be clearly separated.
@@luckyeddy350 It was already seprated . Chaos happened when Banks were given license to sell insurance .
1:39 video editing error. Continuity error.
fixed it now
I stopped using paytm in 2020. Its interface was too confusing. Its like TOO MANY features, not properly organised. Then also , that time Paytm first games. Its too much non sense to tolerate. I switched over to phonepe mostly, sometime I use google pay.
As you said that in the video, i.e impact on merchants, i had a conversation with nearby merchants about this and they had concerns till feb 2, on feb 3 when i asked them the same question about the impact on there paytm bank there answer was totally different, they said paytm sales agents came and gave them assurance that there QR code and everything will keep on working and they have nothing to worry. I told them about the nodal account but it looks like paytm's sales agent did there best in assuring merchants that they will not fail. And now after 15th feb paytm joined hands with axis bank to support itself and increase its working again (with the govt.'s backing).
Bajaj finserv wale bhi same aisa hi kar rahe hai
1) Koi bhi consumer product finance karte waqt kai baar otp lete hai
2) Ek App download karwate hai aur usmein zabardasti upi activate karte hai, bolte hai ye mandatory hai
Mujhe card de rahe the free mein, fir paise ke liye msg aate rahe to card nahi banwaya, vo ajj tak aa rahe h, pata nahi kaise band karu, pareshan hogaya.
@@chiragwadhwa4795Go and file a complaint in the customer service or government complaint box. Idk how but get directly in contact with such content creators and seek guidance.
In my case, OTP was asked for just once and they didn’t force me for any app download or card.
I was the one instead who asked them which app I should download.
I think it totally depends on where you get it done from. I got it done from an Apple retailer and they’re never annoying anyway.
Chroma etc might be though.
@@vedanshchnthanks for sharing your experience bro. We need such ground stories from various sources
I'm mostly worried about small business owners who trusted paytm and use their QR
Now they will not trust phonepe and Google pay as well with their money, few of them might stop accepting QR payments as well which will hurt the cashless economy and digital india vison
@zetorxa you are absolutely right
True.
📢 Please be assured the Paytm app and its services are fully operational, and will continue without any interruptions even after February 29th. This includes Paytm QR, Paytm Soundbox, Paytm Card Machine. Stay updated by following our official WhatsApp channel: whatsapp.com/channel/0029VaHTx1TDp2Q9GKJUDG30
Exactly
In my area local shops already stopped using Paytm QR codes
9:52 wrong just change settlement settings in Paytm business app to different account no need to new QR
📢 Please be assured that the Paytm app and its services are fully operational, and will continue without any interruptions even after February 29th. Paytm QR, Paytm Soundbox, Paytm Card Machine will work as before. Stay updated by following our official WhatsApp channel: whatsapp.com/channel/0029VaHTx1TDp2Q9GKJUDG30
As a Data Engineer who has work on Paytm data, I completely agree that PAYTM has done a major misplace in their database and I even know they can not fix it for their old account because of their pathetic data structure.
As they will go in older account they will find more irregularities.
1:37 editing error (audio skip) ...just to notify you guys :-)
While they are trying to save the people of India, they forgot to take care of themselves.
@@knowwhatyoudonot Well said.... with the information they are providing to us for free, such errors can be anyday overlooked.
thanks
Clear and blunt...
Thanks Mandeep.
6:18 neither Airtel payment bank nor Jio payment Bank have separate apps for three Bank usage only. They have integrated the bank services in My Airtel and My Jio app. So other player should be scrutinized for this point as well.
Good catch. Absolutely correct
Haa pehle airtel bhi karta tha 😂
airtel Number KYC karne jao toh saath mein Airtel Payments Bank account bhi open kar dete thay 😅 per abhi nahi aisa karte RBI ne unper bhi fine lagaya tha bahut pehle 🙏🏻 par abhi airtel apni galtiyon se seekh chuka tha 👍🏻abhi yeh sab band kar diya Airtel ne
Jio doesn't have bank licence and they aren't going to have in future tho they must partner with other banks and recently they are rumours that jio financial are trying to acquire the Paytm but they clarify it's not like that... And Airtel may have licence for payment banks not jio
@@YaseenKabir they have something called "Jio Payments Bank", don't know about their backend.
@@IncognitoSahil they don't operate on their own they have a tie up with other financial institutions for the payment hope you remember and after a periods they closed it cz it's not gonna work
This is the first whole video i saw of Mandeep, very informative, only facts he has put.
Thanks Mandeep.
Question is how come the government did not put a limitation earlier?
Morgan Stanley ne 1% se kam kharida hai. As per SEBI regulations they can sell it anytime without any prior notice. Agar unhe kuch sach me pata hota to 1% se jyada hi kharidte, SEBI ko inform karke kharidte. Mujhe to lagta hai yeh ek gambling move hai or Issey retail investors fir phasne Wale hai
Sahi kaha bhai paytm ka recent low 400 tha or aaj 496 par close hua abtak to position nikal bhi di hogi sirf retail vale marenge
Yes, Paytm ko 70% crash karna chahiye tha atleast, but sirf 40% gira hai. news vi sayad usi company ne failaya tha
What India lacks is competition. The government can't govern everything. Paytm kind of companies will only do well if they have the fear of losing the customers and that can only be made by competition.
I only use phonepe
WHRE MONEY IS INVOLVED YE HONA HI THA RBI STRICT H BAHUT
Problem is not with competition ( you have phonepe, gpay, bhim etc but government politicians will lift only one which is required for them just like how Demonetisation stage helped Paytm when government app is no where in picture ) , private capitalists are politician Stooges and they will manipulate company finance and sink retail investors, private capitalism is bound to fail at some point and those poor retail investors who stay for long and who do not have insider news will sink , capitalism is nothing but political capitalism
@@agentsmith_phone pay doesn't feel safe too vo bhi Paytm ki tara harkat krta hai kafi
Thank you so much for highlighting this aspect! There is not enough market competition, and CCI's powers and regulatory capacity are unfortunately limited. Competition drives better outcomes and lower prices for consumers. In the end, UPI is dominated by 3 players (GPay, PhonePe, PayTM), and the wallet market is also limited. There is also a problem of high barriers to entry - which means that new players find it difficult to enter the market due to excessive market power of big players like PayTM and problems in licensing conditions etc.
This needs to be fixed, otherwise in a market where there are a few dominant players, companies have zero incentive to get better - because customers can't leave them! we are getting utterly shafted by these people.
I had only one payment app in my mobile and that was paytm until this news broke out. Using paytm payment bank for day to day transactions and all the services like movie, irctc, metro tickets are unmatched by any other. I never encountered any problem. In fact i have been using paytm since 2013 when i got my first smartphone. I just hope this company don't die and will switch back to it if things sort out and hope they do all the complainces they have been asked by the RBI.
Same here, bahut dukh hota hai.
📢 Kindly note: Your favorite app Paytm app and its services are fully operational, and will continue to work even after Feb 29th. Stay informed through our official Whatsapp channel: whatsapp.com/channel/0029VaHTx1TDp2Q9GKJUDG30
Same... I'm using it since Oct 2013
bro, at 01:47, this background music either must be removed or slowed down, it distracts so much.. just giving my feedback.😊
I have one doubt..that @paytm denotes that paytm is using its own nodal acc?
So when its @axis, @hdfc, this means they are the nodal acc?
hi Lla team ,
a lot of users are facing problems related to fastag ! as almost everyone is having a paytm fastag they all want to close it and shift to another fastag , but there is no such video on it on internet ! if you can make such content it will be very useful for many people !
Just buy a new fast tag
This was by far the most informative video I have seen on this topic.
Fantastic video, in detail for all users who are worried what's this issue is about and how to get their money out
Good video yar. Thank you 👍👍
Same Even AIRTEL also doing this opening Bank account,,,,,,
I appreciate the fact that the LLA team always helps in clarity. Thanks Mandeep for this video. I was in the middle of buying this stock because of continuous fall. But now, I'm sure I shouldn't do so. Better to look for some other good long term stock.
14:14 Mamaearth was no harmed in this video
More detailed and clearer than think school,
💯
Think school is very biased
I saw many videos these days regarding paytm, this is the best and detailed vdo i have seen. Good job Mandeep!
7:01
I was interviewed at paytm and they asked me if you use paytm I said the same thing I don't use it as it's confusing.
The interviewer was not very happy and tried to defend by saying now we are not just wallet app paytm has grown now you can also book concert tickets and all.
Thanks for highlighting the case unlike other youtuber or media houses who are just ranting that paytm is an emotion, indian company bla bla
Good! Last year only i closed my account and requested to delete my data from their server. They were charging more on postpaid even when I never made a late payment.
I am thankful to your channel for bringing truth to the public. Also for not taking money from wrong companies
Came across several videos from other channels after this issue. But this is the most detailed, fact driven video that I've seen. Thank you team LLA
What to do with the FD made through Paytm....which is powered by IndusInd Bank..?
Please help
Please anyone answer :
In Atal Pension Yojana: After demise of Subscriber and Spouse, corpus amount will be given to Nominee.
What if the spouse is the nominee as well, Does the spouse get corpus as well as pension till death?
Chalo koi to hai jo sacchai Bata raha hai . Kudos to LLA 👏👏
This is really frustrating to see that how can a fintech company as large as Paytm cand do this kind of frod and still not band completely?
Amazing video and a lot more informative than other sources.
Does anyone here know any other service which lets us withdraw money from Credit cards into wallets or bank?
Paytm wallet is the only one I know of and they’ll stop allowing that soon.
Thank you n Gald to see Educators like you noone does what ur doing Bless you Brothr❤
Great Video And Awesome Research!
Very good to see such information with an unbiased and critical lens.
i also have the same opinion. I've worked with ICICI and I know how hard does RBI come on all it's finance partners, be it small or large.
Thank you for such a detailed analysis
Was about to buy a share worth 50k of Paytm but now it is clear that
Paytm is a fraud company better to stay away from it
Went through many reviews but ended mid way as 10 minute 17 minute video mein toh marketing karte nikal dete hain. excellent!
12:49 securities premium can be used for buyback of shares
my interpretation can be wrong here
Very well articulated
Bhai aapne pura video copy kiya h THINK SCHOOL se same image bhi use kiya h?
No bro, thinkschool is business oriented channel, on the other side LLA is general public and labour oriented channel. Aap video pe dhyan do thinkschool wali video me Paytm ke business system, backend me kya hota hai(ex; nodal account)samjaya. Par lla me public, retail investors, merchants ko kya loss hoa, bank me kya irregularities hai, in sabpe focus tha. Dono hi video ache hai, par lla jada deatiled hai compliance irregularities ko leke. Baki jaha tak images or PPT slides ki baat hai to wo sab Google par available hai aap bhi download karke use kar sakte ho.
@@techunboxed5641 Thanks 👍
Think School inke age bacha hai..
Very clear cut video. Thanks.
09:10 I doubt whether @paytm will stop working...just when yesbank had stopped operation phonepe which was highly dependent on yes bank...phonepe quietly switched the underlying bank...paytm will do the same thing
📢 Please be assured that the Paytm app and its services are fully operational, and will continue without any interruptions even after February 29th. Stay updated by following our official WhatsApp channel: whatsapp.com/channel/0029VaHTx1TDp2Q9GKJUDG30
Excellent descriptive video guys! 👏 This is one of the reasons why I love your channel. Keep it up 👍
Great research and well explain ❤
Mere sath 2018 me fraud hua tha fraud ka sara paisa paytm payment bank ke account mai transfer hua tha. Mere drwara paytm ko call kiya gya tha legal notice bhi bheja tha lekin koi support nahi mila Paytm ki side se. Finally police complaint ki halaki bank account freeze karwa diya tha maine. Desh mia jitne bhi fraud ho rahe hai sab payment bank ki karamat hai. Account hi beche ja rahe hai with ATM.
hav u got ur mny back ?.
freeze ke bad
@@Thinker2578 yes almost poora
@@bhoopendrasoni1008 how much amnt recovered? & sabse pehle kya kia apne?
Not only Paytm is responsible also what sebi checks about valuation and allow them to file ipo on such price.
There are many banks which is issuing loans to people on other people's PAN. If an average person goes to see his CIBIL score, it's very bad and when you try to find how; it comes out that your PAN number has been used by someone else to get a loan
During covid in my home town, the paytm agent said they are doing aadhar verification kyc verification. I asked who sent you, they said paytm is helping people to do KYC verification to link aadhar card with bank (current bank never mentioned paytm bank) , i felt something is fishy and i said i will do it directly in bank.
very informative video... same thing happened when my sister did kyc.. she had no idea that her PayTM payment account is created..
P.S.: i think you need a better video editor who knows sound designing...
Because it is irritating for me...
when there is a background music in one scene and suddenly the music stops on the other scene..
Very nicely described.
airtel and jio payments bank are also tied to their apps like paytm
Yes
I have a question about this, If you reply kindly.
I Have F.D.s In My Paytm Payment Bank Account. So What is going to be with that? Please reply.
even baaki k banks me v yahi hota h , wo pressure dete h account opening k liye and customer does not make the decision , that particular salesperson make the decision. just imagine how will a single sales person will open 20 new bank accounts in a month. will that will be the decision of customer? and after that everyone is not capable to maintain minimum balance and after that bank levy the non maintenance charges .
Very well explained buddy. Way to go!!
What to do with paytm fastag
Now you have to change it
One of the best videos that you guys have put out so far! Kudos to the team
It is not cyber security event but cyber security incident.. just a fyr. Good content 👌
bhim upi is very slow and these private apps are not trustable.....then which upi app we have to use for safe....upi???? please reply mandeep sir??
Bhim is not slow at all
Much needed video. Thanks for this.
Best explanation Sir thanks for giving detailed insights
Mereko bohot gussa aa raha he , jab ipo aya tha tab ye sab information public kyu nehi tha😢
I submitted RC photos when buying FasTag on PayTm. But when I check today, it shows RC photos missing. What happened to the RC photos submitted at the time of purchase? 😢
Does this whoel thing affect their another app Paytm Money? That's primarily used to invest in Mutual Funds.
Please answer.
📢 Kindly note: Paytm app and its services are fully operational, and will continue to work even after Feb 29th. This includes Paytm Money. Stay informed through our official Whatsapp channel: whatsapp.com/channel/0029VaHTx1TDp2Q9GKJUDG30
believe me or not but paytm bank was the one of the finest bank service i was ever seen - no money hold or pending problem, instant refund , never ever server down unlike sbi😂 india’s top bank
😂i support your cmmnt bro....paytm payment bank is one of the finest banking service and literally hastle free experience...i never have to fear for failed transaction or server busy like sbi
Ye hi to achhi chiz thi... Paytm payments bank ki... Musibat me kaam aa jati thi
Finest? Itne regulatory gadbad ke baad bhi finest bol rahe ho hmmmmm acha hai
@@v.k.g.kj. bhai finest in the sense of service ...Paytm Payments bank ka service 10000x times better thi other banks ke comparison me ... Hastle free transaction, no server down , no delay in payment and processing..
There is day and light differrence between money and number of transactions handled by Paytm servers vs SBI servers. To those who think Paytm severs are better due to less downtime. 😂
Nice and true situation telling video...❤
Then why Paytm got approval to enter into stock market?
Sebi is lethargic
@@abhinav12and now investors are suffering.
SEBI is there to benefit rich people
Not able to withdraw money from Paytm Wallet.not bank still.. It is asking for Kyc again ....what is this rule... Why they are not leting to withdraw
Hi sir, sorry for i write here
I am your regular viewers
I need your advice recently I joined a company and the company did not mention health insurance in an offer letter and now the company deduct health insurance from my in hand salary and they said the health insurance is not part of CTC that's why we deduct your offer letter Inhand salary.
What to do I don't know i wait for your advice
Thank you sir
Sir Jo Paytm m DBT link h iska kya hoga
Naya account open karalo ya dusre bank mai dbt link Kara lo
😂😂 Gamand है आज तक paytm use ना करने का 😅
But ye Ravish to chilla raha tha ki isse Ambani ko profit hai isliye ban kiya😂
Bhai mere. Dimag me bhi yhi baat chal rha tha😂😂😂
@@Sachintiwari-fk6zppaglaa gyaa hain ravish kumaar
Market me baat faili to thi lakin
Jio aur paytm dono ne safai di ki ye fake news h
7:00 this is one of the main reasons why I totally closed my paytm account bank account wallet everything. I totally asked them to remove or closed all the things related to me. This was confusing and useless. I’ll better use SBI and manage but this cash back and coupon and discount offered on paytm looked shady.
What app is best for upi payments?
Should we delink upi from payment?
Abhi tak ye news par bharosa nahi kiya but after lla talked about it uske baad hi beleive huwa😂❤
They are really doing fraud businesses i am trying to close sound box 6 month per month daily taking monthly charges increase monthly 😢😢