PayMe India has been sending mass unsolicited messages via Mobile SMS to the contact numbers of their loan defaulters. I always rubbished this claim as the company appears to be fair in dealing with their customers. However, to my surprise i too became a victim of their mass SMS campaign against their client. (Please note: I am not their client, but appears to be on the contact list of one of their clients).
This is how PayMe India operates (after their client default on loan payment):
1. Their client defaults payment
2. They scrub their client’s mobile phone contact list/numbers
3. Then they will send mass SMS to all the numbers listed on their client’s phone.
The message that I received from PayMe India:
Sent by AM-PayMeR:
Mr……. s/o Mr…….. is defaulting on a loan availed from PayMe India. Please ask to repay his dues to avoid further collection & legal proceedings. (names have been withheld to protect their client’s privacy).
I want to inform everyone that this practice of sending Bulk SMSes to their client’s contacts is unethical and unfair trade practice. I am sure some of you have received such SMSes. Many friends panicked after receiving such SMS as they have no idea what to do. They called up asking whether they are also being wanted in a loan process which they were never a part of. It would be beat for PayMe India to immediate stop such unfair trade practice by sending out SMS to their client’s contact list. (Caution: Customers should see what permissions are granted/needed when installing mobile app)