Скачать или смотреть Paytm upi lite wallet activation use process live | how to activate paytm lite upi | upi lite setup

Paytm upi lite wallet activation use process live | how to activate paytm lite upi | upi lite setup | paytm upi lite wallet
Paytm Payments Bank Becomes the First Payments Bank to Launch UPI LITE – Empowers Instant UPI Payments of Smaller Values.

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PAYTM BLOG POST
Paytm Payments Bank remains a leader in UPI as the largest acquiring and beneficiary bank along with being one of the leading remitter banks. As a part of its efforts to drive innovation, our Bank is the first payments bank to launch UPI LITE.
Once loaded, a UPI LITE wallet allows a user to do instant transactions of up to ₹200, making the entire experience quick and seamless. A maximum of ₹2,000 can be added twice in a day to UPI LITE, making the cumulative daily usage up to ₹4,000.

Additionally, with UPI LITE, users can carry out a large number of small value UPI payments in a superfast manner without worrying about cap on the number of bank transactions. This makes way for a hassle-free payments experience.

Designed by National Payments Corporation of India (NPCI), UPI LITE was launched by the Reserve Bank of India in September 2022. It also de-clutters the bank passbook of small value transactions, as these payments would now only show in the Paytm balance & history section, and not in the bank passbook.

“We are very excited to launch UPI LITE on Paytm Payments Bank. UPI LITE provides users a faster, secure, and seamless low-value transaction experience. With more than 50% of transactions through UPI below ₹200, UPI LITE will successfully provide a distributed way of authorising low value transactions, moving them away from core banking. This shall further improve the success rate of transactions, enhancing the user experience, and taking us one more step closer to processing a billion transactions a day on the UPI platform.”

“We are a leader in UPI as the largest beneficiary bank, acquiring bank and a leading remitter bank. We are excited to be the first to empower Indians with the power of UPI LITE. As per official data from NPCI, half of the everyday UPI transactions in the country are less than ₹200 and with UPI LITE, users get superior experience with faster and safer real-time small value payments. We are focussed on driving digital inclusion and the launch of UPI LITE is a big step ahead in that direction.”

Paytm Payments Bank had also recently announced that users can receive and send money instantly to any mobile number with a registered UPI ID across platforms using the Paytm app. This further deepens Unified Payments Interface (UPI) interoperability and roots for the adoption of mobile payments.