Fintech company Paytm has launched a new facility to make its facilities easier. This facility has been started through Paytm Money. This facility will benefit those users who trade in the stock market through Paytm Money.
Let us tell you that Paytm Money has launched a 'Pay Later' Margin Trading Facility. In this facility, investors can buy and invest in stocks by paying only a fraction of the total value in advance. The remaining amount will be paid through 'Pay Later' (MTF). This facility will charge an introductory interest of 1 percent every month.
Investors will benefit
This facility will benefit those investors who want to take advantage of the market opportunity. This service ensures that investors pay only for the funds they actually use. Traders and investors will benefit from this service, as it will make trading more easy and flexible. This will prove beneficial for those who want to increase their stake in the stock market without investing full capital. Apart from this, it democratizes participation in the stock market, making it easier and more affordable for retail investors across the country.
What is the Pay Later facility?
Paytm Money has made the activation process of Pay Later (MTF) simple and user-friendly. With this, investors can easily activate Pay Later (MTF) in a few minutes directly through their account settings. Apart from this, users can select the 'Margin' option while ordering any such stock. Users can activate Pay Later (MTF) by agreeing to the terms and conditions.
We are committed to making investing easy and increasing financial access. Our 'Pay Later (Margin Trading Facility)' increases the buying power of investors, especially those who want to increase their investment in the stock market without investing full capital. This initiative is in line with our goal of democratizing financial development, making investing in the stock market more affordable and accessible to a larger audience.
How to activate Pay Later
Open the app and go to the Account section.
Then select the option 'Pay Later (MTF)'.
Now accept the terms and conditions and click on 'Activate'.
Then the facility will be activated within a few minutes.
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