We didn’t just slap on another feature. Building MTF was like constructing a new highway through existing infrastructure \u2014 one that had to be real-time, compliant, margin-aware, and most importantly \u2014 user-trust friendly.<\/p>\n
Here\u2019s what we crafted:<\/p>\n
As soon as a user taps \u201cPay Later,\u201d they instantly see the exact amount needed, available balance, and how much they\u2019re being funded \u2014 in real time.<\/p>\n
This wasn\u2019t exclusive to MTF \u2014 we made sure similar visibility exists on the Delivery tab too, so users can compare easily before placing an order.<\/p>\n
Example: Buying a stock at \u20b91,467?<\/p>\n
We built a \u201c+ Charges\u201d breakdown system so users know exactly what they\u2019re paying \u2014 brokerage, interest, taxes, all upfront. Zero hidden costs, maximum clarity.<\/p>\n
Not all stocks are MTF-eligible. So we integrated our margin engine deeply to:<\/p>\n
A robust microservices architecture ensures:<\/p>\n
This wasn\u2019t just product UI work. It was a full-stack mission across Product, Engineering, Risk, Compliance, QA, and UX.<\/strong><\/p>\n Let\u2019s say you want to invest \u20b91,00,000 in a trending stock.<\/p>\n You need to have the full \u20b91,00,000.<\/p>\n You only pay ~35-40% upfront. So \u20b940,000 gives you the same exposure.<\/p>\n Let\u2019s assume:<\/p>\n That’s an 11% return on your \u20b940K capital<\/strong> in 15 days.<\/p>\n Is it for everyone? No. \ud83d\udd39 You can buy MTF stocks without adding extra funds.<\/strong> \ud83d\udd39 We notify you of corporate actions.<\/strong> \ud83d\udd39 Dividends? All yours.<\/strong> So check out & explore this feature on the Paytm Money App today.<\/p>\n We\u2019re just getting started. Coming soon:<\/p>\n Building Pay Later wasn\u2019t just about margin funding. It was about enabling more people to trade without fear of missing out<\/strong> due to capital constraints.<\/p>\n We wanted to democratize leverage \u2014 but in a way that is controlled, safe, and crystal-clear<\/strong>.<\/p>\n And as someone who has led this product end-to-end, I can proudly say: It\u2019s not just a feature. It\u2019s financial firepower \u2014 designed with responsibility<\/strong>.<\/p>\n \ud83d\udc4b Let\u2019s Connect<\/em> We didn’t just slap on another feature. Building MTF was like constructing a new highway through existing infrastructure \u2014 one that had to be real-time, compliant, margin-aware, and most importantly \u2014 user-trust friendly. Here\u2019s what we crafted: Instant Margin Simulation As soon as a user taps \u201cPay Later,\u201d they instantly see the exact amount needed,Continue reading “The Build: What Went Into Creating MTF”<\/span><\/a><\/p>\n","protected":false},"author":27,"featured_media":5590,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[342,14],"tags":[],"class_list":["post-5589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mtf-blog","category-product-updates"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/5589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=5589"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/5589\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/5590"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=5589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=5589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=5589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Simple Math: How MTF Empowers Traders<\/strong><\/h2>\n
Without MTF:<\/strong><\/h3>\n
With Pay Later:<\/strong><\/h3>\n
\n
Your Gain:<\/strong><\/h3>\n
\n
\nIs it powerful for the right investor? Absolutely yes.<\/p>\nDid You Know?<\/strong><\/h2>\n
\nAlready hold quality stocks? Pledge them and use that as collateral. Combine your collateral margin + funded amount by Paytm Money to invest. This way, you reduce your capital risk significantly.<\/strong><\/p>\n
\nIf any MTF-held stock undergoes a corporate event \u2014 dividend, split, rights issue \u2014 we\u2019ll alert you in advance and guide you on next steps.<\/p>\n
\nEven though MTF stocks are auto-pledged to us (since they\u2019re funded), all dividends go straight to your bank account<\/strong>. No cuts, no delays.<\/p>\nWhat\u2019s Next for Pay Later?<\/strong><\/h2>\n
\n
\nView day-wise and overall P&L in real time with more clarity.<\/li>\n
\nWe\u2019re listening to your feedback and simplifying the MTF section so it’s easier to understand while buying.<\/li>\n
\nMTF positions will soon show up as a distinct line item in your profit & loss timeline.<\/li>\n
\nOne of our most requested features \u2014 soon, you\u2019ll be able to convert MTF holdings into delivery positions in just a few taps.<\/li>\n
\nToday, you can buy 1200+ NSE stocks via MTF. We’re now working on enabling BSE-listed stocks<\/strong> too, significantly expanding your coverage.<\/li>\n<\/ul>\nFinal Thoughts: Building for Trust, Not Just Speed<\/strong><\/h2>\n
\nAlpesh Soni<\/strong><\/a>
\nEquity & F&O Product Head \u2014 Trading & Investments, Paytm Money<\/p>\n","protected":false},"excerpt":{"rendered":"