Noida-based digital payments and financial services company Paytm has partnered with Samsung stores to facilitate smart payments. Through this partnership, consumers purchasing Samsung devices from any authorized store in India will be able to pay through Paytm’s payment options and all major debit cards, credit cards and prepaid cards, as per a version of Paytm .
It further states that consumers can purchase using the Paytm postpaid or “Buy Now, Pay Later” option. Customers using Paytm postpaid or Buy Now Pay Later can get a monthly credit limit of up to Rs 60,000. low interest rate.
Paytm will also offer cost-free EMI options with offers for payments made through Paytm PoS devices that offer simplified billing, in-app payments, targeted real-time inventory status promotions, and more to merchants. Apart from postpaid Paytm, customers can also opt for low cost personal loans of up to Rs 2 lakh for the same.
Commenting on the partnership, Bhavesh Gupta, CEO-Lending and Head Payments-Paytm, said, “Partnering with Samsung stores will allow us to further extend the convenience of smart payments to a wider customer base.”