2 years ago

Paytm Payments Bank Enables UPI LITE For Faster Small-Value Transactions

Paytm Payments Bank Limited, a part of mobile payment company Paytm has enabled the UPI LITE feature for its users for faster UPI payments for multiple small-value UPI transactions. Paytm in a blog post on Thursday said, "Our associate Paytm Payments Bank Limited, has gone live with UPI LITE, empowering its users with lightning-fast UPI payments that never fail. With this, users can activate their UPI LITE accounts linked to Paytm Payments Bank savings accounts for hassle-free transactions." With UPI LITE, users can carry out a large number of small-value UPI payments without worrying about the bank cap on UPI transactions.

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