Paytm UPI Lite| Lightning-fast payments that never fail

India’s fintech and QR payments pioneer Paytm’s latest innovation Paytm UPI LITE offers a convenient solution for those who want to make quick and easy payments. In September 2022, the Reserve Bank of India launched UPI Lite, a digital account designed by the National Payments Corporation of India (NPCI) to facilitate faster and easier transactions for low-value transfers. UPI Lite is a distinguished feature that will make regular transactions like payments for low-value shopping such as groceries or low-priced single items smooth and fast.

Keeping up with this Paytm has recently introduced UPI Lite. With this, users can make single-click payments of up to Rs. 200. It works with on-app UPI-Lite balance making lightning-fast payments that never fail, even during peak banking hours.

Paytm UPI LITE is currently supported by several major banks, including Paytm Payments Bank, HDFC Bank, State Bank of India, Kotak Mahindra Bank, Canara Bank, Central Bank of India, Indian Bank, Punjab National Bank, Union Bank of India, and Utkarsh Small Finance Bank.

 Moneycontrol journalists were not involved in the creation of the article.