Paytm expands postpaid services to enable free flowing line of credit
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In a bid to generate more credit flow, digital payments platform Paytm has partnered with two undisclosed non-banking financial companies (NBFCs) to expand the use-cases of its digital credit services Paytm Postpaid. The company believes that this will eliminate the need to withdraw cash for meeting monthly household expenses. Paytm has also increased the credit limit up to INR 1 Lakh of monthly spends.