Latest news with #PayZapp
Time of India
5 days ago
- Business
- Time of India
HDFC Bank UPI and other services won't be available on this date: Check details here
HDFC Bank has scheduled essential system maintenance on June 8, 2025 to improve customer experience and upgrade banking infrastructure. During this period, several digital banking services, including UPI transactions, will be temporarily unavailable for customers, the bank informed its customers via mail. 'It is important to note that during this period, UPI services linked to HDFC bank will not be available. We recommend using the PayZapp wallet during this time,' the company said in a statement. When will HDFC Bank services be unavailable on June 8, 2025? The maintenance window will last for four hours from 2:30 AM to 6:30 AM IST on June 8, 2025. UPI services linked to HDFC Bank accounts will be unavailable during the maintenance window. This means customers won't be able to send or receive money via UPI during that time. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. HDFC Bank Credit Card lounge access: Now you can access these airport lounges via Tata Neu Infinity credit card by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo Which services will be unavailable during scheduled downtime on June 8, 2025? During the scheduled maintenance period, several key HDFC Bank services will be temporarily unavailable. These include access to net banking and the mobile banking app, along with viewing or managing account-related details and deposits. Additionally, fund transfer services such as UPI, IMPS, NEFT, and RTGS will be affected. Merchant payments linked to HDFC Bank accounts and the instant account opening process will also be unavailable during this time. However, the bank has recommended using its PayZapp wallet for all your transactions during this time. What is PayZapp? HDFC Bank's PayZapp is an online payment app that doubles as a digital wallet and a virtual card. You can use PayZapp to pay for online and offline services like paying bills, sending money, shopping online, etc., without having to use your bank account or cards. Live Events What is the transaction limit on PayZapp? The PayZapp transactions limits are Rs 10,000 per month for non-KYC Accounts and Rs 200,00 per month for KYC-compliant customers. A bank's announcement of UPI maintenance can cause a number of issues for HDFC Bank customers, particularly given UPI (Unified Payments Interface) is now extensively linked into daily transactions in India. Common problems users experience during UPI outages are: Failed transactions Payments might be unsuccessful or appear as pending Errors like "Transaction failed due to technical error" or "Bank server not responding" may appear. Delayed refunds Refunds could take hours or days to process if money is deducted but the transaction fails, which could be stressful or inconvenient. Inability to receive funds UPI might not let users check their account balance. Delayed or failing incoming payments will impact small businesses or freelancers. Axis Bank credit card downtime Axis Bank has also announced a scheduled maintenance window that will temporarily affect credit card transactions on June 6, 2025. The bank informed its customers via text message stating, 'Due to maintenance downtime, you will be unable to transact with Axis Bank Credit Card/s on 06-06-25 from 02:00 AM to 02:45 AM IST. Regret any inconvenience.'
Time of India
02-06-2025
- Business
- Time of India
From rent payments to gaming spends: HDFC Bank revises transaction fees and reward limits from July 1, 2025
HDFC Bank , the country's largest private sector lender in terms of market capitalisation, has announced that it will implement key changes to its credit card fee structure and rewards program. The new charges, effective July 1, 2025, have been introduced for rent payments, online gaming, and wallet loading. The bank also revised limits on reward point accrual for insurance transactions. Rent payment transactions A fee of 1% will be levied on all rent payment transactions. This fee will be calculated on the total amount transacted and will be capped at Rs 4,999 per month. Also read: No airport lounge access, higher cashback on Myntra from June 20, 2025: Check Axis Bank Credit card changes by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now Undo Online skill-based gaming In the case of online skill-based gaming, a 1% fee will also be applicable on total gaming spends exceeding Rs 10,000 in a calendar month. This charge will be applied to the full amount spent on such transactions within the month, with a maximum fee limit of Rs 4,999 per transaction. Wallet loading transactions Live Events Similarly, for wallet loading transactions, excluding PayZapp, a 1% fee will be charged on monthly spends that exceed Rs 10,000. The fee will apply to the cumulative wallet loading amount in the calendar month and will be capped at Rs 4,999 per transaction. Also read: Kotak Mahindra Bank to levy new 1% fee on high fuel spends from June 1; check if your credit card is affected What is Payzapp? PayZapp is an online payment app offered by HDFC Bank. It allows users to make various payments, including bill payments, money transfers, and online shopping, without needing a bank account or credit/debit cards. Reward point accrual for insurance transactions Reward point accrual for insurance transactions will be subject to new monthly caps. Infinia and Infinia Metal Edition cards will allow up to 10,000 points per month, while Diners Black, Diners Black Metal, H.O.G Diners Club, and BizBlack Metal Cards will be limited to 5,000 points monthly. According to the HDFC Bank MITC (Most Important Terms and Conditions), "W.e.f. December 20, 2019, reward points accrued for insurance transactions will have a maximum cap of Rs 5,000 per day for Infinia, Infinia (Metal Edition), Diners Black Metal Edition, Diners Black cards, H.O.G Diners Club & BizBlack Metal Card and Rs 2,000 per day for all other credit cards. This will be valid till June 30, 2025." Other credit cards All other HDFC Bank credit cards will have a cap of 2,000 reward points per month for insurance-related spends. NO capping on these credit cards However, there will be no capping on Marriott Bonvoy Points for insurance transactions made using the Marriott Bonvoy HDFC Bank Credit Card. No reward or cash points on these transactions It is also important to note that, effective the same date, online skill-based gaming transactions will no longer be eligible for earning Reward Points or CashPoints on any HDFC credit card. Lounge access details from June 10, 2025 With effect from June 10, 2025, HDFC Bank has updated its lounge access guidelines for Tata Neu Infinity and Tata Neu Plus credit cardholders. The new regulations state that domestic lounge admission cannot be obtained by directly using a credit card in a lounge; instead, qualified consumers will get lounge vouchers based on their quarterly spending milestones.
Mint
16-05-2025
- Business
- Mint
Can you pay rent with a credit card? Yes—here's how in 5 Steps
As digital transactions become immensely admired in India, numerous tenants are exploring the opportunity of paying their monthly rents through credit cards. This particular method provides several benefits such as cashbacks, reward points and improved cash flow management. Still, it is crucial to acknowledge and understand the associated fees and regulatory considerations. Choose a reliable platform: Opt for a trusted rent payment service that permits you to pay your rent using your credit card. These services often offer additional benefits such as timely reminders, comfort in making payments and potential rewards. PayZapp, CRED, Freecharge etc., are some of the examples of such service providers. Complete the KYC registration process: Sign up on the chosen platform. Then complete the Know your customer (KYC) process to ensure complete compliance with required stipulations and regulations. Add your landlord details carefully: Set up your landlord as a beneficiary in your account, by adding your landlord's bank account information, including account number, IFSC code. Properly re-check the details before final submission, to avoid any errors. Enter the amount of rent: Specify the exact rent amount as per your rental agreement and click on the 'submit' option. This will help you in adding the amount of money you aspire to transfer into your landlord's bank account. Make the payment: Use your credit card to complete the transaction. Be careful of the processing fees. This particular fee generally ranges from 1% to 3% of the total rent amount and it varies from one financial institution to another. Processing fees : Most of the platforms charge a convenience fee for credit card transactions. For example, the Freecharge application charges 0.9% + GST whereas others may charge up to 2.5% + GST. The fees discussed here are illustrative in nature. For the updated details on fee charges refer to the respective website of the platform. : Most of the platforms charge a convenience fee for credit card transactions. For example, the Freecharge application charges 0.9% + GST whereas others may charge up to 2.5% + GST. The fees discussed here are illustrative in nature. For the updated details on fee charges refer to the respective website of the platform. Interest-free period : Credit cards offer an interest free period of up to 45-50 days. This provides temporary relief in cash flow management and financial planning. : Credit cards offer an interest free period of up to 45-50 days. This provides temporary relief in cash flow management and financial planning. Impact on credit score : Consistent and timely repayment of credit card dues can influence your credit score in an immensely positive way. Still, consistently high credit utilisation may have adverse effects. : Consistent and timely repayment of credit card dues can influence your credit score in an immensely positive way. Still, consistently high credit utilisation may have adverse effects. Reward exclusions: Not all credit cards provide rewards on rent payments. Some credit card issuers exclude them or provide reduced or limited discounts. That is why it is always prudent to check your credit card's terms and conditions before proceeding. Not all credit cards provide rewards on rent payments. Some credit card issuers exclude them or provide reduced or limited discounts. That is why it is always prudent to check your credit card's terms and conditions before proceeding. Regulatory oversight: While the Reserve Bank of India (RBI) has not issued any specific restrictions or prohibitions against using credit cards for P2P transactions such as rent payments. Still, all such transactions may still be flagged by banks or digital payment platforms due to concerns over credit misuse or regulatory compliance. On a holistic account all such transactions come under the broader purview of RBI's efforts to ensure responsible credit usage and reduce systemic risk in the unsecured lending space. Hence, paying rent through credit cards is a feasible option and can offer several benefits. Still, it is important to be careful of the associated fees, applicable interest rates, and regulatory landscape That is why on your part you should always ensure timely repayment to avoid interest charges and potential negative impacts on your credit score. Disclaimer: Mint has a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit scores. Mint does not promote or encourage taking credit, as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.
Mint
23-04-2025
- Business
- Mint
HDFC pixel play credit card: Step-by-step application guide
The HDFC Bank Pixel Play credit card has quickly become a popular choice among aspirational, tech-savvy consumers who value a digital-first and highly customizable experience. Designed with modern users in mind, this credit card is seamlessly integrated with the PayZapp app, allowing for a completely online application process. This eliminates the hassle of paperwork or physical documentation. In this article, we'll walk you through a step-by-step guide to help you apply for the HDFC Pixel Play credit card with ease. Now, to apply for the pixel play HDFC credit card, car users must follow these five simple steps: Update or download the PayZapp application: Through the Apple app store for Apple devices or the Google play store for android devices download the PayZapp application afresh. If you already have the application installed then update the same to its newest version. Register or log in: Log into the application, new users can register using their mobile devices and complete the KYC process. Carefully locate the application banner: Now on the PayZapp application home page find and tap the option 'Apply Now for PIXEL play' Submit personal details: Read the entire form and submit the necessary personal information. Existing HDFC Bank customers will have their details automatically filled. Complete the application formalities and submit: Once you submit the basic details, then follow the given instructions on-screen to complete and submit your application. All applicants who aspire to secure this credit card must meet the following basic criteria: The applicant must be salaried: Aged between 21 to 60 years with a gross monthly salary of more than ₹ 25,000. You need to have a income proof for this card. Aged between 21 to 60 years with a gross monthly salary of more than 25,000. You need to have a income proof for this card. Self employed applicants: All self employed applicants should be aged between 21 to 65 years with an annual income of more than ₹ 6 lakhs as the ITR form. The Pixel Play credit card comes with several lucrative features: Customisable cashback opportunities : Earn 5% cashback on two selected merchant categories and 3% on one chosen e-commerce platform. : Earn 5% cashback on two selected merchant categories and 3% on one chosen e-commerce platform. Integration of UPI : The RuPay variant allows for 1% cashback on UPI transactions. : The RuPay variant allows for 1% cashback on UPI transactions. Opportunity of flexible billing : Choose your credit card billing cycle, date and card design. : Choose your credit card billing cycle, date and card design. Seamless digital management: Manage your card entirely through the PayZapp app, including tracking rewards, cashbacks and even converting purchases to EMIs. Joining fee : ₹ 500 + applicable taxes. This fee is waived off if the card holder spends ₹ 20,000 within the first 90 days. : 500 + applicable taxes. This fee is waived off if the card holder spends 20,000 within the first 90 days. Annual fee: ₹ 500 + applicable taxes, waived off if the annual spending goes beyond ₹ 1,00,000. Therefore, the HDFC Pixel Play credit card stands out for its digital smoothness, convenience and rewards that are customisable. It is developed in a way to cater for the needs of the evolving modern consumers. Now with a straightforward application process through PayZapp, eligible individuals can swiftly obtain and manage their credit cards entirely online. For more information, clarity of application process, updates on fees and other details applicants can visit the official website of HDFC Bank: Disclaimer: Mint has a tie-up with fintechs for providing credit; you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit scores. Mint does not promote or encourage taking credit as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit. First Published: 23 Apr 2025, 01:30 PM IST
