Paytm's UPI LITE has certainly struck a chord with users in India, who have been quick to express their appreciation for the innovative feature
India’s fintech pioneer Paytm has been at the forefront of India's QR and digital payments revolution. Its latest innovation, UPI LITE, is set to further cement its position as a leader in the UPI space. With this new feature, Paytm has made making small-value transactions easier and more convenient for its users.
India’s fintech pioneer Paytm has been at the forefront of India's QR and digital payments revolution. Its latest innovation, UPI LITE, is set to further cement its position as a leader in the UPI space. With this new feature, Paytm has made making small-value transactions easier and more convenient for its users.
Paytm's UPI LITE has certainly struck a chord with users in India, who have been quick to express their appreciation for the innovative feature.
Paytm's UPI LITE has certainly struck a chord with users in India, who have been quick to express their appreciation for the innovative feature.
“UPI lite is one of the best things. Always issues occur while paying at canteen and whenever out. Now solved. No pin required, no bank server issues,simple and fast that will never fail," tweeted a user.
UPI LITE is a secure on-device wallet that allows users to add funds and make lightning-fast transactions on the Paytm app. With one-click single-factor authentication, users can make transactions of up to ₹200 without entering the UPI PIN. This means that you can make quick and hassle-free payments for everyday expenses such as groceries and more.
“UPI lite seems like the perfect solution for India's micro-payments-driven economy. No pin requirements for sub 200 rupee payments is great considering that's where over 50% of the transactions are," shared another Paytm user.
“UPI payments experience like never before! Another first from the innovation house of Paytm," tweeted Kunal Sirohi.
Another benefit of UPI LITE is its improved success rate for UPI transactions. This is because UPI LITE puts less infrastructure load on the systems of the user’s bank. In addition, UPI LITE offers an uncluttered passbook for users, making it easy to track your transactions and balances. And if a user needs to transfer any pending UPI LITE back to their bank account, they can do so at any time without any charges.
“Very Smooth, Fast and No Pin With UPI Lite. Paytm UPI has never disappointed. Paytm UPI service is amazing," said a Twitter user, Rohitash Panwar, expressing his satisfaction with Paytm UPI LITE.
With its lightning-fast payments and ease of use, UPI LITE is rapidly becoming the go-to option for small-value transactions with users praising the convenience and simplicity of the feature.
Disclaimer: This article has been produced on behalf of Paytm by HT Brand Studio.