Recognizing that rent payments can take many forms, Paytm, an Indian digital payments startup, has expanded its rent payment services to include new categories like auto and furniture rentals, wedding venues, catering and décor, as well as guesthouse rentals, according to a press release issued on Thursday (Dec. 16).
According to the press release, customers may use Paytm to pay rent on their homes, as well as store rentals, property deposits, and brokerage fees. On the Paytm app, users can track and manage payments for all rental services from a single dashboard.
For bank deposits, payments can be made straight to the payee's Unified Payments Interface (UPI) ID. Credit and debit cards, Paytm UPI, purchase now, pay later (BNPL), and netbanking are among the payment options available.
Paytm is now giving perks as well as a rebate of up to 10,000 rupees on rental payments made with a credit card.
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