Paytm, a leading payment service provider in India, has good news for its postpaid customers. Introduced the newest services for postpaid customers. The company has announced that Paytm postpaid users can now repay their dues in Equated Monthly Installments (EMI). You do not have to pay the money immediately. With this option you can easily repay the cost of the item you bought. That is why Paytm will charge you less interest. Paytm said the Buy Now and Pay Later (BNPL) facility can be found in over five lakh plus shops and websites with over five lakh products and services.
Paytm said the flexible EMI payment system would provide relief to consumers as the financial deficit widens with the Kovid-19 epidemic. Paytm, on the other hand, currently offers a credit limit of up to Rs 1 lakh. Paytm said the limit would be further increased if the amount taken was repaid in a timely manner in the form of EMI. Postpaid services are available in three different categories namely Light, Delight and Elite. Postpaid Light Rs. Delight and Elite credit limits up to Rs. Imposed a monthly cost of 1,00,000. Customers are offered a single bill each month to find out their expenses. Paytm, a digital payment company, said that customers can convert their postpaid bill into convenient EMIs within the first seven days of bill generation. Postpaid bill can be repaid with the help of UPI, Debit Card, Net Banking.
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