Aditya Jha
TF Buzz
Paytm postpaid from today i.e. 1 December not working many users account also get closed and noc given to them, has anyone faced that problem
-
Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.
Paytm postpaid not working from 1 december
- Thread starter Aditya Jha
- Start date
-
- Tags
- paytm
Nothing like this...
One of my family member is using PP ...Its still active..
May be your validity has been expired and they have not renewed it...
Aditya Jha
TF Buzz
Check Paytm care Twitter account, people are facing issues
Aditya Jha
TF Buzz
Also when I am scanning the merchant qr it's not showing Paytm postpaid option
D₹V
TF Prestige
Probably KYC failure.
I closed it last month .
Cibil me Short term personal loan 🚫🚫
If merchants have disable the option then you cant pay through postpaid ,credit card etc...
Although i have Hdfc consumer durable loan
Even if i pre close i would give same amount of money now vs if i pay in emis ..
Don't see any benefits of closing financially
So i m left with 2 loan one auto + consumer loan
Working fine for me.
What I think is people's account got expired and ABFL didn't find them credit worthy to renew the contract.
For reference, mine expires on June 2024. (Interestingly, they don't offer LE until the contract is renewed I think).
For reference, mine expires on June 2024. (Interestingly, they don't offer LE until the contract is renewed I think).
Paytm started charging merchants MDR for postpaid payments sometime ago. So alot of merchants have disabled the postpaid option.
Why would anyone use Paytm postpaid when they have Rupay cc or even cc
They charge convince fee in all spending ..
Plus charges to the Merchant ..whats the point
Idk, I have convenience fees 0%. So, works fine for me. But i guess, YMMW.
shrewdoc
TF Legend
It's better to close these BNPL accounts, because they reflect as Personal Loans in CIC Reports. These personal loan accounts make you less creditworthy as you're using loan to fulfil your personal needs. Instead, secured and some unsecured loans like Education Loans, Credit Cards are way better.
It's better to use Credit on UPI or Rupay on UPI services instead. They are reflected as Credit Card in CICs and are thus much better instead. Also, these personal loans have ruined so many reports of so many individuals mainly because of missed payments and poor regulations back then.
Yes you are probably right.
Convenience fee.....Not from all but from many..some has 0% C/fee also...
But they charges mdr from merchants who are accepting payment from postpaid ...So merchant are disabling this option...
dibyendu85
TF Neo
I m also facing same issue
Kumar93196
TF Legend
In my case paytm postpaid has disabled scan and pay by default for the people around me no one is able to scan and pay even i have merchant a/c it showing only option pay via Cc or a/c or DC but not via postpaid. If this remains same i will close my postpaid a/c.
tanujananda
TF Buzz
I am also facing same issue from 1st December 2023.
Similar threads
