You can use ‘Paytm Postpaid’ service for mobile-DTH recharge, cinema ticket booking and Paytm shopping. Even if you do not have money in your wallet, the payment will be done with the help of this service of Paytm. During this, you will not even need to use credit card or netbanking. Explain that under Paytm Postpaid, there will be a limit on the spending of each user. Customers will be able to pay with Paytm Postpaid only within the prescribed limit. After this, at the end of the month, you will have to pay that amount.
If you want, you can activate Paytm Postpaid by going to the profile section in the Paytm app. After this, you can choose this payment option for any purchase on Paytm.
It is possible that many questions are arising in your mind about Paytm Postpaid? We will try to answer these questions further…
What is Paytm Postpaid and how will it be activated?
Paytm Postpaid is a credit service of sorts to Paytm Mobile Wallet. Suppose this is also the amount in your wallet which you have to pay later. You can use Paytm Postpaid balance to recharge mobile and DTH, buy movie tickets, or shop on Paytm. The company has informed that Paytm Postpaid will soon be activated for Scan and Pay.
Currently beta testing of this service is going on. That is, this service is not available for every Paytm user. Selected users are able to use it. But every user can express his interest in this service. To activate it, go to the profile section of Paytm. Click on Paytm Postpaid here and activate this service by following further instructions.
Paytm on its website But it has been informed that the service of credit is being provided by ICICI Bank. Paytm is only working as a platform. Paytm Postpaid has been made available to select customers only. This is dependent on the Paytm user’s transaction history and savings account with ICICI Bank.
What is the limit or balance of Paytm Postpaid?
As soon as you activate Paytm Postpaid. On the next page you are told about the postpaid balance. Paytm Postpaid limit depends on the way you use Paytm. Users can then use the specified amount as Paytm Postpaid only.
When will paytm postpaid bill come?
told That is, every month all transactions done through Paytm Postpaid will be billed on the 1st of the following month. Postpaid bill has to be paid by 7th of that month. In case this does not happen, a fine will be charged from the Paytm user. Paytm users will be sent reminders on the 1st, 10th and 15th of the month for postpaid bill payments. If the payment is not done by 7th, the Paytm Postpaid account will be deactivated. As soon as the customer pays the postpaid bill. The account will be activated again. But next month’s bill late fine will be taken.