Paytm UPI LITE offers faster real-time transactions as no 4-6 digit PIN is required to make any payment.

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Paytm UPI LITE offers faster real-time transactions as no 4-6 digit PIN is required to make any payment.


Last Updated: February 28, 2023, 14:22 IST

Paytm UPI LITE permits customers with fast and seamless transactions at a lightning quick pace on Paytm Super App. Users can perform a number of transactions of smaller values of up to Rs 200 at one level. It permits customers to add a most of Rs 2,000 twice a day, leading to a complete day by day utilization of up to Rs 4,000, at a single faucet.

Paytm UPI LITE offers faster real-time transactions as no 4-6 digit PIN is required to make any cost. Owing to the benefit, comfort, superior person expertise, safety and interoperability, Paytm UPI is probably the most most well-liked alternative of customers. Paytm UPI LITE is an ‘on-device wallet’ which permits real-time small worth funds which reduces the load on the core banking system.

Currently, prospects of UPI can solely arrange UPI LITE accounts. Also, customers want to be certain that their financial institution helps UPI LITE options. Users can switch UPI steadiness again to the identical checking account anytime, with out incurring any prices. It additionally declutters financial institution statements, with just one entry for all UPI LITE funds.

Paytm UPI LITE goals to make smaller worth transactions hassle-free, fast and seamless. It additionally improves the success price for UPI transactions whereas decreasing the infrastructure load on the remitter financial institution’s methods. The course of is so easy that customers might be ready to make smaller worth transactions whereas paying for the groceries or topping up the telephone steadiness with one-click single-factor authentication.

Making the complete expertise fast and seamless, the corporate permits the customers to conduct a number of transactions in a day up to Rs 4,000 in a single click on with out worrying about cap on the variety of financial institution transactions. Paytm is the quickest within the business with one of many lowest transaction failure charges in finishing up UPI transactions.

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