Online Payment Methods and Their Evolution

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Online Payment Methods and Their Evolution

Last Updated on April 7, 2024 by Umer Malik

We have made significant advancements in payment methods in the last few years, from credit cards to one-click payments. Gone are the days when you had to carry cash in your wallet at all times as the financial sector in India has moved more towards digitalization.

The Pre-Internet Era

In the pre-internet era, electronic payments, particularly credit and debit cards, became one of the most dominant forms of non-cash payments. The Central Bank of India launched the credit card in 1980 in collaboration with Visa and Master Card. It was quickly adopted by retailers and consumers as a simple method of payment.

The internet has arrived!

In 1995, VSNL LIMITED launched the Internet in India with an average speed of 9.6 Kbit/s. The speed was later increased to 33.4kbit/s, with 14 lakh Indian users. The introduction of the internet in the mid-1990s ushered in a new type of boom, with people selling their products and services online, a phenomenon known as “E-commerce.” The advent of e-commerce businesses necessitated the development of a new payment system, an online system that consumers could easily be used.

Online Airtel Postpaid Payment

Airtel is one of India’s leading telecommunications companies, providing incredible 4G and 5g wireless services, as well as mobile use. Airtel provides excellent connectivity with numerous recharge options. In today’s fast-paced world, finding time to pay mobile payments is difficult. Bajaj Finserv, India’s largest mobile payment app enables you to make an Airtel postpaid payment online in seconds with no glitches. Pay your Airtel postpaid bill whenever and wherever you want.

Airtel, India’s largest telecommunications company offers a variety of exciting postpaid plans and postpaid payment options. Bajaj’s Airtel postpaid Bill Payment services make it easier to make Airtel postpaid payments. Furthermore, Airtel payment via Bajaj Finserv app saves you money with numerous cash-back offers and promo offers.

With their simple Online Airtel Postpaid Plans, you can talk on the phone and chat without interruption. Paying your Airtel postpaid bill online has never been easier.  

Take advantage of Airtel Postpaid plans

Get the Airtel postpaid plans and garner the benefits of incredible Airtel offers for your connection. From data, and unlimited calling, to entertainment options awaits you with your Airtel connection. Paytm, your online payment partner will handle your Airtel Postpaid payment. So, what are you waiting for? Join Airtel postpaid now and enjoy a hassle-free payment service provided by Paytm.

Airtel Payment Service  

Is it too late to make an Airtel postpaid payment, or do you need to go to a nearby shop? Don’t worry, the Airtel postpaid payment service is available online on Bajaj Finserv App, so you can pay your bills whenever and from wherever you want.

Airtel Payment Options That Are Versatile

Paytm offers an easy and convenient way to pay for Airtel postpaid services online. Pay from anywhere using your mobile, desktop, or laptop and avoid the hassle of going to a payment center. You can pay for your Airtel postpaid service with your debit card, credit card, wallet, or UPI (available only on Bajaj Finserv app). You can also get cash back and save money on your Airtel postpaid bill payments. 

How to Make an Airtel Postpaid Payment Online

Never miss an Airtel postpaid payment deadline; make a quick Airtel payment. All you need is a reliable internet connection and to follow these simple steps:

  • Download Bajaj Finserv app from the Google Play Store
  • Login through the email ID registered with your mobile
  • Click on ‘Install’
  • Open the app on your mobile phone
  • Enter your 10-digit mobile number to ‘Generate OTP’
  • Enter the OTP and click on ‘Proceed’
  • Under the ‘Bills and Recharge’ section, select ‘Mobile Postpaid’
  • Enter Your Mobile no. Then Enter a recharge amount or select a plan and tap on ‘Proceed’
  • Enter your registered mobile number and click on ‘Proceed’
  • Choose your preferred payment mode and complete the payment

In the event that an amount has been deducted from your account but the payment is still pending. It means that Airtel is unable to obtain payment confirmation from your bank. In such cases, Bajaj Finserv will continue to follow up with your bank for the next 72 hours. 

They will send you the payment details once they receive the payment confirmation. If they do not receive confirmation, then they mark the payment as a failure and immediately refund your money to your account.

Conclusion

With the financial sector developing at an extraordinary rate, there are innumerable potentials still to be explored in the Indian financial industry. As merchants and consumers discover the convenience of digital payments, digital transactions will increase

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