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The latest update is out from One 97 Communications Ltd. ( (IN:PAYTM) ).
Paytm has launched ‘Paytm Postpaid’, a credit line on UPI, in partnership with Suryodaya Small Finance Bank. This service offers consumers the convenience of ‘Spend Now, Pay Next Month’, providing up to 30 days of interest-free credit for payments made across merchant UPI QR codes or online platforms. This innovation aims to enhance liquidity management for consumers and offers merchants assured instant settlement. Initially available to a selected user base, the service will expand further, reflecting Paytm’s commitment to secure and innovative payment solutions.
More about One 97 Communications Ltd.
One 97 Communications Limited, known as Paytm, is a leader in merchant payments and financial services distribution in India. The company is recognized for pioneering mobile payments, QR codes, and Soundbox technology, serving MSMEs and enterprises.
Average Trading Volume: 964,610
Technical Sentiment Signal: Buy
Current Market Cap: 784.2B INR
Learn more about PAYTM stock on TipRanks’ Stock Analysis page.