Paytm Temporarily Suspends Postpaid Service Amid Regulatory Changes and Lender Caution
Paytm Temporarily Suspends Postpaid Service Amid Regulatory Changes and Lender Caution In response to recent regulatory changes and a cautious approach from lending partners, Paytm, the Indian fintech giant, has decided to temporarily halt its buy-now-pay-later (BNPL) service, Postpaid, for new users. This move comes in the wake of evolving regulations impacting fintech partnerships and a notable withdrawal of support from a significant partner, Aditya Birla Capital, leading to the suspension of the Postpaid service. Aditya Birla Capital, a major lending partner for Paytm’s Postpaid service, appears to have withdrawn…
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