Samsung and Paytm collaborate for payments at authorized retailers

17 Aug 2022 , 09:36 AM

To give customers the ability to use smart payments and the Paytm Postpaid (buy now, pay later option) service, Paytm has partnered with Samsung-authorized retailers in India to deploy point of sale (PoS) devices.

In addition to the main debit cards, credit cards, and prepaid cards, customers may pay for Samsung devices from their authorized retailers using the various payment options provided by Paytm, including Paytm UPI, and Paytm Wallet, and Paytm Postpaid.

A monthly credit limit of up to Rs 60,000 would be provided to those choosing Paytm Postpaid, which is given in conjunction with banking partners, and may be utilized to make purchases at these authorized retailers. Customers can pay back their credit using low-interest EMIs.

Customers would benefit from having the ability to pay with Paytm Postpaid through PoS devices since it would allow them to buy things without worrying about their finances. Customers can choose between low-cost personal loans up to Rs 2 lakh, which are provided by Paytm’s financial institution partners, in addition to Paytm Postpaid, in order to make purchases.