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Samsung India partners with Paytm to offer buyers more financing options

Business
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Last updated: August 17th, 2022 at 11:19 UTC+02:00

Samsung India has partnered with payments giant Paytm in India to offer buyers more financing options when buying devices from offline stores.

Consumers buying Samsung devices through authorized stores in India can now pay through Paytm’s PoS (Point of Sale) machines. It offers users an option to pay through credit cards, debit cards, UPI, Paytm Wallet, and Paytm Postpaid.

Customers can now get easy financing schemes to buy Samsung devices in India

Paytm Postpaid is a BNPL (Buy Now, Pay Later) service that offers customers a credit limit of up to INR 60,000 (around $750). Buyers can pay back the amount through easy monthly installments at low-interest rates.

Apart from its BNPL service, Paytm offers a low-cost personal loan option through its financial partners, and consumers can take a loan of up to INR 200,000 (around $2,500) to purchase goods.

Samsung recently launched the Galaxy Buds 2 Pro, Galaxy Watch 5, Galaxy Watch 5 Pro, Galaxy Z Flip 4, and the Galaxy Z Fold 4 in India. Consumers can buy these devices through Paytm’s new payment options via authorized stores.

Business India
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