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Buy Now Pay Later In India : The festive season has started across the country, in such a situation, if you do not have money, as well as your pocket is refusing to shop right now. Then this news will prove to be of your use. Let us tell you that many companies are offering the facility of ‘Buy Now Pay Later- BNPL’. We are going to tell you about its benefits.
What is Buy Now Pay Later
The Buy Now Pay Later concept is becoming increasingly popular in the Internet world. Under this interest free loan facility, you buy any item and after a few days pay the price i.e. re-payment.
What is Paytm Postpaid
Digital payment and financial services company Paytm is also offering Buy Now Pay Later facility. The name of this service of the company is Paytm Postpaid. If your pocket has become empty this festive season, then you can shop with the credit limit of Paytm Postpaid and repay it next month. You can use Paytm postpaid service on Paytm app for recharge, bill payment or shopping etc. Paytm Postpaid users can also shop by visiting grocery stores around them.
3 variants of Paytm Postpaid offer
Let us tell you that 3 variants of Paytm Postpaid company are being offered. It has three variants – Lite, Delite and Elite. Postpaid Lite has a limit of up to Rs 20,000 with which the convenience fee will be added to the monthly bill. Postpaid Delight and Postpaid Elite are coming with monthly credit limits ranging from Rs 20,000 to Rs 1 lakh. There is no convenience fee of any kind.
Follow this step
- You can follow these steps to activate Paytm Postpaid Service.
- Log in to Paytm account and type My Paytm Postpaid on the search icon.
- After this click on Paytm Postpaid icon.
- After this complete the KYC. The entire process of KYC is digital.
- After completing the KYC process, your Paytm Postpaid Service will be activated.
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