Paytm has taken a big step in digital payments by partnering with Suryoday Small Finance Bank (SSFB) to launch a new service called Paytm Postpaid.
With this service, users can get interest-free credit for up to 30 days. This means you can shop now and pay later—perfect for managing everyday expenses or shopping.
Where Can You Use It?
With Paytm Postpaid, customers can make payments through:
Any UPI QR code
Online shopping sites
Paytm app services like mobile recharge, bill payments, and ticket booking
Who Can Use It?
Initially, the service is available only to selected customers, based on their spending habits.
More users will get access in the coming months.
Why Is It Special?
Supported by NPCI (National Payments Corporation of India)
Built on Paytm’s existing UPI technology
Benefits for customers: Extra flexibility to spend without financial stress.
Benefits for merchants: Instant UPI settlement and trust in payments.
What Officials Said
Avijit Jain (COO, Lending, Paytm): The feature will help families and individuals manage expenses better.
Vishal Singh (CIO, Suryoday Bank): The partnership shows the bank’s commitment to responsible credit.
How to Use Paytm Postpaid
To activate and use the service:
Complete KYC on the Paytm app.
Link your UPI ID.
Do Aadhaar authentication and set a UPI PIN.
