Paytm launched Paytm postpaid service with Rs. 60,000 credit limit
Paytm the popular Indian mobile wallet company has now started Paytm postpaid service. This is like credit card account service where user can spend money upto Rs. 60,000 in one month and can pay in next month. For one month this is interest free service. After the last date of due date customers has to pay Rs. 600 penalty on the amount Rs. 5000 or more billing amount.
How to activate Paytm postpaid
To activate this service users has to upload their KYC documents e.g. Aadhar card number and PAN card details. The credit limit is depends on person to person as per their payment and spending habits. To activate tap over Paytm Postpaid icon near pay, UPI, Passbook icon row. There is no further OTP/PIN will be required just tap over pay to pay for your transaction to book movies tickets, mobile recharge etc. But you can not withdraw money using Paytm postpaid. If transaction failed amount will be credited immediately.
Bill generation and payment
Your bill for every month will be generated on 1st date of every month and you have to pay before 7th day of each month. Before getting started read all the terms and conditions.
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