Paytm goes unrecorded with UPI LITE
New Delhi: Paytm Payments Bank Limited (PPBL) has gone unrecorded with UPI LITE, a characteristic enabled by the National Payments Corporation of India (NPCI) for small-value UPI transactions, thus empowering its users with lightning abstain from food UPI payments, the society said on Thursday.
With this, users can make active their UPI LITE accounts linked to their Paytm Payments Bank savings accounts for hassle-free transactions. For payments of up to Rs 200, UPI Lite eliminates the penury of UPI PIN. UPI LITE is exclusively obtainable on Paytm app, the society said.
“Having been the first to bring UPI LITE to users, we are now excited to enable our Bank account holders to link their accounts with UPI LITE.”