Paytm Postpaid is a service allows you to buy today and pay for your purchases next month. You can set up your Paytm Postpaid account through the Profile section on the Paytm App and select it as a payment option for your purchases on Paytm.
Paytm Postpaid is now on beta mode. Only select customers can available this offer. Flexibility to club transactions & make one consolidated payment on the 7th of next month. All this at no extra cost of money.
How to apply
You can apply for Paytm Postpaid from the Profile section of Paytm App. You need to confirm a few details as mentioned in the application page and you can enable your Paytm Postpaid within minutes.
Paytm Postpaid Limit
The limit is decided based on parameters such as transaction history on Paytm, user’s credit history and ICICI Bank’s internal policies. To start with, the limit will be in the range of Rs 500 to Rs 60,000.
Where use Paytm Postpaid
Postpaid can be used as the payment mode while booking movie & travel tickets, for mobile recharges and for shopping on Paytm Mall.
Paytm Postpaid cannot be used to make transfers to bank account or to a friend.
There are no interest charges if your bill is cleared by the due date.