Paytm Postpaid: If pocket is empty in festive season then no tension, do shopping now and pay later
Newz Fast, New Delhi: If you want to shop on Diwali but don't have money in your pocket, then there is no need to take tension. Many companies of the country are providing the facility of Buy Now Pay Later.
This concept is becoming increasingly popular. Under this interest free loan facility, you buy any item and after a few days pay the price i.e. make repayment.
In this episode, digital payment and financial services company Paytm is also providing the facility of Buy Now Pay Later. The name of this service of the company is Paytm Postpaid.
If your pocket has become empty this festive season, then you can shop with the credit limit of Paytm Postpaid and repay it next month.
Paytm Postpaid users can also pay small shopkeepers
You can use Paytm postpaid service on Paytm app for recharge, bill payment or shopping etc. The special thing is that Paytm Postpaid users can also shop through it at grocery stores around them.
3 variants of Paytm Postpaid
The company is offering 3 variants of Paytm Postpaid. It has three variants – Lite, Delite and Elite. Postpaid Lite has a limit of up to Rs 20,000 with which convenience fee will be added to the monthly bill.
Postpaid Delight and Postpaid Elite are coming with monthly credit limits ranging from Rs 20,000 to Rs 1 lakh. There is no convenience fee of any kind.
How to activate Paytm Postpaid
If you are eligible, then you can activate Paytm postpaid service by following the procedure given below.
>> Log in to Paytm account and type My Paytm Postpaid on the search icon.
>> Then click on Paytm Postpaid icon.
>> After this complete the KYC. The entire process of KYC is digital.
>> After completing the KYC process, your Paytm postpaid service will be activated.