We have launched Paytm Postpaid as Credit Line on UPI, powered by NPCI, in partnership with Suryoday Small Finance Bank. This innovation enables consumers with instant short-term credit and offers the convenience of ‘Spend Now, Pay Next Month’.
With Paytm Postpaid, consumers can now make payments using a credit line on UPI across all merchant touchpoints. This includes scanning any UPI QR code, shopping online, or paying for recharges, bill payments, and bookings on our app. The facility offers up to 30 days of short-term credit, giving individuals the flexibility to spend instantly and repay the following month. It makes everyday payments smarter, faster, and more reliable. The service is currently being rolled out to a selected base, identified through spend behaviour, and will be expanded to more consumers in the coming period.
The service leverages our technology strength in secure, real-time payments. It gives consumers the flexibility to manage liquidity without disrupting daily expenses, while merchants benefit from universal acceptance and assured instant settlement through the familiar UPI payment flow.
“In India, families and individuals often look for a little extra flexibility to manage their everyday expenses with ease. We are delighted to bring Paytm Postpaid, Credit Line on UPI, which makes it possible to spend instantly and comfortably repay the next month. Whether it’s paying at a local store, managing household bills, or shopping online, this solution is designed to make life simpler. In partnership with Suryoday Small Finance Bank and powered by NPCI, this launch reflects our commitment to offering secure, compliant, and innovative payment solutions that truly put consumers first,” said Avijit Jain, Chief Operating Officer – Lending at Paytm
“This collaboration reflects our commitment to expanding access to secure and responsible credit. By enabling Paytm Postpaid on UPI, we are empowering consumers with greater flexibility to manage their everyday spends, while ensuring the reliability of a regulated banking partner. Together with Paytm, India’s trusted payments platform, we aim to deliver a seamless and reliable credit experience that combines convenience with responsibility,” said Vishal Singh, Chief Information Officer and Head Digital Banking at Suryoday Small Finance Bank (SSFB)
How to onboard on Paytm Postpaid:
1. Open the Paytm app and tap the Paytm Postpaid icon on Home page.
2. Create your Credit Line on UPI account by filling your basic details, validate your KYC and setting up the mandate.
3. To start using the Credit Line, Link your account with UPI.
4. Choose Suryodaya Small Finance Bank and authenticate using Aadhaar.
5. Set up a UPI PIN and start making payments through the linked credit facility on UPI.
We, India’s most trusted payments app, are making everyday payments smarter with innovations that put convenience and control first. The recently launched spend categorization with a smart Monthly Spend Summary helps track and manage finances with ease. Alongside, we offer the ability to hide or unhide specific payments for privacy, home screen widgets like ‘Receive Money’ for faster payments, and personalised UPI IDs that make transactions simple without sharing mobile numbers. Customers can also download UPI statements in Excel or PDF and view total balances across all linked accounts in one place.
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