• ‘Buy now, pay later’; Paytm with new ‘Postpaid Mini’ service


    With the launch of the postpaid mini, customers avail loans ranging from Rs 250 to Rs 1,000. Paytm, a digital financial services platform is launching a new service called Postpaid Mini. There is a launch of a new service with the expansion of Paytm’s Buy Now Pay Later service. The scheme provides loans at affordable rates. Paytm offers this service in the form of Buy Now and Pay Later to help customers maintain their cash flow and manage their household expenses during this crisis. The new service is being launched in association with Aditya Birla Finance.

    In addition to the instant credit of Paytm postpaid up to Rs 60,000, with the launch of Postpaid Mini, customers can avail of loans ranging from Rs 250 to Rs 1000. These interest-free loans will help you to cover your monthly expenses like mobile, DTH recharges, gas cylinder booking, electricity, water bills and Paytm Mall shopping.

    The company also offers a grace period of up to 30 days. This is for repayment of these interest-free loans. No annual fee or activation charge and charges a small fee. According to PDM, customers can make payments at online and offline merchant stores across the country. PDM Postpaid takes upon the activity without compromising its monthly budgets.

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    Paytm Postpaid offers its service through thousands of outlets. This includes petrol pumps, nearby grocery stores, pharmacy shops, leading chain outlets (Reliance Fresh, Apollo Pharmacy, etc.) and Internet applications (Mitra, FirstCry, Uber, Domino’s, Ajio, Pharmacy, etc.).

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