Paytm Postpaid offers a credit limit of up to Rs. 60,000 to users. Paytm Postpaid can be used from different transactions from mobile recharge to movie tickets and online shopping. Transfer Money from Paytm Postpaid to your Paytm wallet.
Note: Paytm is expected to launch a new version of its credit service Postpaid soon.
Did you know, it is possible to transfer money from Paytm Postpaid to Paytm Wallet? Yes, it can be done in a few simple steps. As you know, Paytm Postpaid can be used for mobile recharge, movie tickets, shopping etc.
In addition to that, you can use your credit to pay Paytm Business accounts also. To transfer money from Paytm Postpaid to Paytm wallet, you need a business account.
However, you can’t transfer the money to your own business account. You need to create a business account for a family member or friend. If you are new to this service, check how to get started with Paytm Postpaid and get an instant credit limit of up to Rs. 60,000.
Open Paytm App
Select the amount
Transfer money to a Paytm Business account
From that account, you can transfer to your Paytm Wallet
Paytm has launched Postpaid service for select users where they can spend no and payback later. Paytm Postpaid is similar to credit cards. The service allows users to recharge, book movie tickets and shop on Paytm.
The service can be accessed via Paytm app by any user. The user has to pay back the amount spent until the seventh of the month to avoid any penalty or late fee.
The activation of Paytm Postpaid is fully online without the need for any visit to the branch. The credit limit is decided on the basis of a user's transaction history on Paytm.
The limit increases depending on the usage of the service. Your Paytm postpaid limit can be up to Rs. 60,000. In addition to that Paytm Postpaid Payment offers can also be availed by users.
Login to the Paytm App
Spot the Paytm Postpaid Banner
Click on the banner
Tap on "Activate My Paytm Postpaid"
Done! Your Paytm Postpaid account is activated
Late Fees(per month)
Up to Rs. 100
Rs. 101 to Rs. 250
Rs. 251 to Rs. 500
Rs. 501 to Rs. 1000
Rs. 1001 to Rs. 2000
Rs. 2001 to Rs. 5000
Rs. 5001 and above
So with the simple trick, you can transfer money from Paytm Postpaid to wallet. However, you should remember that if you don’t repay the amount till 7th day of the month late fees will be charged.
In case of non-payment of the due amount, your account will also be suspended followed by legal proceedings.