Paytm announces ride now pay later for Uber India riders

Paytm has announced its alliance with Uber India to extend its Postpaid service to its riders. With this integration, users can pay their user services through Paytm Postpaid account, thus enabling commuters with greater ease to spend now, pay later.

Paytm has a long-standing partnership with Uber, with its payment gateway benefitting millions of Uber riders to make instant payments from Paytm Wallet, Paytm UPI, and Cards. The Postpaid service integration will further promote digital transactions on Uber’s platform and enhance the customer experience.

To avail this new facility, registered users can simply pay through the Paytm app, with funds from their activated postpaid account after completion of a trip. The user can repay later at his convenience, by paying his Paytm Postpaid bill which is generated on a monthly basis.

 “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,” said Bhavesh Gupta, CEO, Paytm Lending

Paytm Postpaid services can be availed for a range of use cases; from daily purchases of groceries, milk, and other home essentials from neighbourhood Kirana stores to high value shopping at popular retail destinations such as Reliance Fresh, Haldiram, Apollo Pharmacy, Croma, Shoppers Stop among others. Additionally, it has been extended to various bill payment facilities available on Paytm, shopping on Paytm Mall, and online payments at internet apps such as Uber, Myntra, Lenskart, Gaana, Pepperfry, HungerBox, Patanjali, Spencer’s among others.

“We applaud Paytm for extending this Postpaid service of riding now and paying later to our users. This further expands the range of safe, digital payment options available to our riders, especially during the ongoing global pandemic. With this latest integration, we hope to promote better, safer and more convenient digital transactions and reduce cash dependency on our platform,” said Abhilekh Kumar, Head, Business Development, Uber India & South Asia .