Mobile wallet Platform Paytm has launched its Postpaid service. At present, this service is limited to selected users only. Through this service, the company allows a user to spend up to Rs 60,000 before which the bank can pay.
Features of Paytm Postpaid Service
Under the Paytm Postpaid service, user can take advantage of features such as mobile recharge, DTH connection recharge, booking of movie tickets and shopping at Paytm Online Marketplace. The credit limit in this service is 60,000 rupees. After the use of the facility, the user will be billed on the first date of the month from Paytm.
Any kind of extra charge or interest will not be charged on paying the bill till the seventh day of the month. In the case of payment default, the account will be deactivated. Bill will be paid through an OTP or PIN.On canceling an order, the user will receive an instant refund. Apart from this, users will get free movie tickets, cashback and many other offers.
How to activate Paytm Postpaid ?
To activate this service, you will need to log in to your Paytm app. Next, the user has to click on Paytm Postpaid Banner and after this, the service can be activated by tapping on the ‘Activate My Paytm Postpaid’ button.