PostPe, owned by BharatPe, is a buy now pay later (BNPL) service that allows you to purchase any item of your choice and pay for it later on a specified date. It allows you to pay and transfer money to other users. It’s a quick, simple, and convenient way to handle your finances. The ability to withdraw money from PostPe is one of its most significant features. Even though the procedure might seem complicated at first, it’s very easy. Therefore, in this post, we’ll walk you through the entire process of withdrawing money out of your PostPe wallet.
It’s important to know the withdrawal limits and associated fees when making withdrawals from your PostPe account. As a result, transferring money from PostPe to a bank account may not be affordable for everyone due to the high bank transfer fees. However, due to these charges, you can obtain a credit limit of up to Rs.10 lakh and a virtual credit card that can be used to make purchases. The app itself allows you to monitor your spending as well. Despite all these features, the only thing hindering us from using Postpe is its high fees. However, what if I told you that there are ways to withdraw money from Postpe without incurring charges?
You can take advantage of two additional ways to withdraw your PostPe money without incurring charges; BharatPe merchant QR code and FASTage recharge option. These are two completely functional and efficient strategies. Here’s the step-by-step guide:
BharatPe
Step 1: Download and register with your mobile number on the BharatPe for Merchants app.
Step 2: Scan your QR code and activate it by tapping the Payments section at the bottom of the homepage.
Step 3: After activating your BharatPe QR code, send it to a different phone so you can use your phone to scan it.
Step 4: Now, scan the QR code.
Step 5: Finish the payment by entering the amount you wish to transfer.
Step 6: Next, open the BharatPe app once more and select the Payments tab.
Step 7: The amount you transferred from PostPe will be visible there.
Step 8: You can now transfer this money to your bank account without incurring charges from your BharatPe account.
FASTage Recharge Option
Step 1: Click on the Utility Bills section after opening the PostPe app.
Step 2: Select the FASTage recharge option.
Step 3: Search for Paytm FASTage and enter your vehicle number.
Step 4: Proceed to pay after entering the desired transfer amount.
Step 5: Open Paytm and navigate to the wallet area after making the necessary payment.
Step 6: The amount transferred to your Paytm wallet will be visible there.
Step 7: Now move this money from a bank account to your Paytm wallet.
Features and benefits of PostPe
- You can get a credit limit of up to Rs.10 lakh. However, your credit score will also determine the credit limit you can obtain.
- Pay both online and offline: PostPe allows you to make payments both online and offline. There is no charge to use this facility.
- Pay with easy EMIs: Once you’ve purchased an item with PostPe, you can clear the balance with easy EMIs.
- Personalized dashboard: The PostPe app includes a personalized dashboard that allows you to manage your PostPe account and track your spending.
- Simple scan: The app allows you to make instant payments by scanning simple QR codes.
Conclusion
Withdrawing money from PostPe is quite simple, but moving money to a bank account free of charge requires a little effort. Nonetheless, we hope that our step-by-step guide on using PostPe and making withdrawals has been beneficial to you. Both methods are 100% effective and do not require a convenience fee. It can be difficult to navigate the world of online payment platforms, but now you can withdraw your money with trust and simplicity.
