Thursday, July 18, 2024
Advertisement
  1. You Are At:
  2. News
  3. Technology
  4. Know how to use UPI Lite on GPay, Paytm, and PhonePe: A quick guide

Know how to use UPI Lite on GPay, Paytm, and PhonePe: A quick guide

UPI Lite is a better option for those individuals who frequently make small payments. It offers flexibility and convenience, allowing users to add up to Rs 2,000 to their UPI Lite account twice a day, with a daily limit of Rs 4,000.

Edited By: Vishal Upadhyay New Delhi Updated on: September 06, 2023 16:27 IST
upi lite, how to use upi lite, Upi Lite, what is Upi Lite , how to use Upi Lite, Upi Lite gpay, Upi
Image Source : FILE Here's how to use UPI Lite on GPay, Paytm, and PhonePe without PIN

In a move to cater to the needs of users making low-value transactions, popular payment gateways like Google Pay, PhonePe, and Paytm have introduced UPI Lite. This simplified version of the Unified Payments Interface (UPI) is designed for hassle-free, small transactions, offering a daily transaction limit of Rs 200 per transaction. 

Setting Up UPI Lite

To get started with UPI Lite, users need to follow a few simple steps

On Google Pay:

  • Open the Google Pay app.
  • Tap on your profile picture in the top right corner.
  • Select "Pay Pin Free UPI Lite."
  • Follow the on-screen instructions to add money to your UPI Lite balance (up to Rs 2,000).
  • Choose an eligible bank account that supports UPI Lite.
  • Once you've added money to your UPI Lite balance, you can make payments of up to Rs 200 without entering your UPI PIN.

ALSO READ | How to translate emails on Gmail mobile app: Step-by-step guide

On PhonePe:

  • Open the PhonePe app.
  • Tap "UPI Lite" on the app's home screen or find it under the Payment Methods section in your profile.
  • Follow the on-screen instructions to add money to your UPI Lite balance (up to Rs 2,000).
  • Once you've added money, payments of up to Rs 200 can be made without entering your UPI PIN.

On Paytm:

  • Open the Paytm app.
  • On the Home page, look for and click on 'Introducing UPI Lite.'
  • Select a linked bank account that supports Paytm UPI Lite.
  • Add money to your UPI Lite.
  • After adding money, you can pay recipients by scanning QR codes or using mobile numbers linked with UPI IDs.

ALSO READ | Apple's 'Made in India' iPhone 15 to hit stores worldwide together

Benefits of UPI Lite

UPI Lite is an excellent choice for individuals who frequently make small payments. It offers flexibility and convenience, allowing users to add up to Rs 2,000 to their UPI Lite account twice a day, with a daily limit of Rs 4,000. Users can also close their UPI Lite account at any time or transfer funds back to their bank account without incurring any fees.

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Technology