Hello Magicnation Fam
How are you all..? I hope you're well. And you are enjoying the informative threads on the Magicnation website. In today's thread l am going to talk to you about the Talkcharge Company.
What is Talkcharge...?
Talkcharge is a company which was giving good cashback to the users for keeping money in their wallet. This offer was so great from Talkcharge. In which many users added a good amount of money to the wallet of this company. If we talk about its offer in a simple way. In this, it was being said that the user will be given a cashback of up to Rs 10,000 on adding Rs 5000.
It mainly offers products from Zomato, Flipkart, Amazon, KFC, McDonald's. In which the user can get discount on that product. On bill payment or recharge, it offers cashback on the amount paid. This app is available on Android platform.What is Talkcharge and how does it work...?
Why Talkcharge is not working now...?
India's RBI Bank had sent a notice to the Talkcharge company on April 2. In which he had given notice to the company to stop the payment service immediately. Because the company did not have a wallet license. The regulator therefore cited provisions under the Payment and Settlement Systems Act, 2007, which the company had violated. Due to this, RBI had to send a notice against the company.
Talkcharge company is now sending a legal notice to the user. In which the company is sending a legal notice to the user to recover the cashback given. Recently, the Reserve Bank had come to know through a complaint that the Talkcharge company has issued a legal notice to the customers for cashback recovery. In this, the company said that if the customer does not return the cashback received from the website or app, then this matter will be taken up with the Reserve Bank.Why is Talkcharge Sending A Legal Notices To Users...?
Without taking approval of wallet from RBI. Talkcharge was using the company wallet. Strict action was taken against this very thing. RBI told the company in a notice. All the user's money is in the wallet. They should be returned immediately. And also RBI appealed to the people. In this way, avoid adding money to the wallet of any unapproved company.
If you also receive any such legal notice from the TalkCharge company, you should talk to a lawyer about this once. And reply to their legal notice in a legal manner.
That's it for today. See you soon with new information and new threads.
Thank You
