Paytm UPI Lite Wallet: No PIN required, add up to Rs 4,000 daily in wallet, per transaction limit, how to use
UPI payment you make? If so, Paytm UPI Lite Wallet can help. It offers a straightforward and easy-to-use method for completing transactions without the need for a PIN, allowing you to complete transactions quickly and easily.
According to the Paytm press release issued on May 13, 2024, “One97 Communications, that owns the brand Paytm, is now focusing on UPI Lite wallet to move the users who prefer wallet for low-value everyday payments. Paytm UPI Lite acts as an on-device wallet, allowing users to store funds and make payments on the go. It offers lightning-fast payments that never fail with no pin requirement.”
What is Paytm's UPI Lite wallet?
It is designed for fast, secure, and reliable payments, allowing users to make instant, fail-proof transactions of up to Rs 500 each. Users have the flexibility to add up to Rs 2,000 to their wallet twice a day, reaching a total daily capacity of Rs 4,000, according to the Paytm press release.
This service is especially useful for those who frequently handle small payments like buying groceries, paying for parking, or settling daily commute fares.
Benefits of Paytm's UPI Lite wallet
This streamlined approach helps users manage their small daily expenses efficiently, without the hassle of multiple entries in their bank passbooks, with no PIN requirement, ensuring an organized and simplified financial tracking.
How to enable UPI Lite payments on Paytm app
Here are steps to enable UPI Lite payments on Paytm app
Step 1: Go to Paytm app, and click on ‘UPI Lite Activate’ icon
