Paytm has launched the new payment service called Paytm Postpaid for users that’s works like a credit card. Now users can pay for mobile recharges, bills, movies, travel and other online products in Paytm as well paytm mall using the Paytm Postpaid service. Currently the service is in beta version so that only specific users only get access through the service. Regarding that we received a mail from quoted that “Congratulations! You are one among 1st few selected Paytm customers to get early access for Paytm Postpaid & Now, you can do your Mobile & DTH recharges, Book Movie and Travel tickets & Shop on Paytm, without using your card or Bank details or frequent wallet top-ups.” Shopping using Paytm Postpaid service is hassle free since it doesn’t need of OTP’s, card details etc., for completing the payment.
As we already know about the Flipkart Pay later service same like that Paytm now started this service to use for recharges or any online shopping using Paytm Postpaid service pre-approved credit limit and pay the due amount in next month. Paytm is giving up to Rs. 60,000 credit limits based on customers transactions in Paytm. And every month 1st the bill amount of last month purchased is generated and the customer need to pay the due amount on 7th of every month without paying any additional charges. And the customer can pay the bill amount through UPI, paytm wallet, Debit card, Paytm Payment bank or Net banking. In case of order cancellation, the payment is credited back to origin payment mode instantly.
Activate the Paytm Postpaid service by signing in to Paytm in application and select Paytm Postpaid from the menu, read the features about the service and tap on Activate My Paytm Postpaid, after the calculation customer can receive the credit limit money in their account. Now, using that money customer can pay easily by selecting the payment method as Paytm Postpaid. Manage the spends and transaction of Payment made through Paytm Postpaid by selecting the Paytm Postpaid option from the menu in Paytm application.