A general question to legal/financial experts.
I recently transferred a small amount to porter wallet and since the couldn’t deliver the service i asked for refund.
Now porter is asking me for my bank account details, cancelled chq leaf and passbook copy to initiate the refund.. while they took the money through UPI.
I am pretty sure they have this process to make it hard for us to get the money… I am wondering if this is allowed at all?
This can also be used to transfer money from credit card to self bank accounts.
Please share your thoughts.