Paytm launched ‘Paytm Postpaid’ which allows a user to spend now and pay next month. The offer allows you to make multiple purchases and pay it back together in next month. And no additional charges are applied.
Since you will be able to make purchases from using credits from Paytm Postpaid, OTP or PIN are not required to make the payments. The amount will be refunded instantly in case of cancellation of the order.
When pay the Paytm Postpaid bill?
“When you spend using Paytm Postpaid, your bill is generated on the 1st of the month and needs to be paid by 7th” and you will get the SMS and email to your registered email and phone No.
What if not paid on time?
If you fail to pay the amount by the due date, a late fee will be levied on the amount. The late fee will be charged according to your postpaid bill.
How to active Postpaid service?
To activate the service, you need to log into the Paytm app and look for the Paytm Postpaid banner or the Profile section. Once you find it, click on the banner and then tap on the ‘Activate My Paytm Postpaid’ button. This will complete the activation process through your Aadhar card or PAN card etc. and tell your credit limit and it will be different for different people.
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