And this time around, Paytm doesn’t just have to slow down but also swerve to avoid a crash. This week’s withdrawal of the company’s low-ticket Postpaid feature or buy-now-pay-later (BNPL ...

In a major shift in lending strategy, Paytm has decided to completely phase out postpaid loans in the near future, besides stopping collection services for lenders on personal loans, a company ...

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For instance, the consumer personal loan business, BNPL or Paytm Postpaid have a penetration of 0.9% and 4.5% of the MTU, while the merchant loans business has reached 5.9% of all merchants with ...

By late November, one of Paytm's key partners, Aditya Birla Finance, stopped lending to Paytm Postpaid (short term small-ticket loans) customers. While Paytm said it had taken the decision to stop ...

Paytm, with Paytm Postpaid, its product in this space—with an average ticket size of Rs 6,800—has been hit hard. “The BNPL business has collapsed for all players due to RBI’s caution ...