CURRENT AFFAIRS

Detailed explanation-1: -India’s leading digital ecosystem for consumers and merchants, Paytm has launched a range of consumer credit cards in partnership with HDFC Bank, the largest private sector bank in India.

Detailed explanation-2: -Paytm Postpaid is a Buy Now, Pay Later facility offered by Paytm’s NBFC partners (Aditya Birla Finance Limited and Fullerton India Credit Company Limited). This facility is available in the form of line of credit (small on-demand loans) that can be used to make online/offline purchases on 1crore + websites & merchants.

Detailed explanation-3: -Paytm Postpaid is a Buy Now, Pay Later facility offered by Paytm’s NBFC partners. With Postpaid, users get credit of up to Rs. 60, 000 every month at 0% interest for upto 30 days. They can use this credit to make purchases, bill payments, recharges, bookings, etc at 1.5 Crore + websites & outlets and repay next month.

Detailed explanation-4: -On Paytm application: Select “Credit Card” as the payment method for adding money to your wallet. Enter your credit card information and any required passwords or security codes. Once you have entered all the required information, click “Proceed” to complete the process of adding money to your Paytm wallet.

Detailed explanation-5: -The Paytm CITI Credit Card can be used in both online and offline transactions. Once you generate a PIN, you can use your card to make payments at any merchant establishment that accepts VISA cards.