Paytm partners with Uber India to offer postpaid service to riders
Paytm has partnered with Uber India to extend its postpaid service to riders. With this integration, users will be able to pay for their Uber rides through their Paytm Postpaid account, enabling commuters to shift from cash to postpaid service, a statement said.
Paytm already has a long-standing partnership with Uber with its payment gateway allowing Uber riders to make instant payments from Paytm Wallet, Paytm UPI, and cards.
To avail this new facility, registered users can pay through the Paytm app with funds from their activated postpaid account after completion of a trip. The users can repay later by paying their Paytm Postpaid bill which is generated on a monthly basis.
Bhavesh Gupta, CEO, Paytm Lending, said, "We are excited to extend our long-term association with Uber India and enable its commuters to benefit from the convenience of Paytm Postpaid services. This partnership is another step towards our mission of empowering common Indians to avail of easy credit, whenever required."