Google Pay launches UPI LITE to push small value transactions faster
Google Pay has officially rolled out its UPI LITE Payment feature today, allowing users to make small payments without entering the pin. UPI LITE can help users make payments fast even in peak hours at a higher success rate compared to usual payment method. How to activate UPI LITE on your app: Go to your profile on the Google Pay app Click on setup payment methods and select UPI LITE Click on continue and add balance Select UPI LITE as the account when paying “Unique offerings and use cases are core to driving further adoption of digital payments in the country and with the introduction of UPI LITE on the platform, we aim to simplify small-value transactions by helping users access a convenient, compact and superfast payments experience,” said Ambarish Kenghe, VP, Product Management at Google Pay. The UPI LITE support feature was launched by the RBI along with the National Payments Corporation of India in September 2022, and is supported by 15 banks currently.
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