How to enable UPI Lite payments on Paytm app for small transactions

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.

ET Online

Here are steps to enable UPI Lite payments on Paytm app
Step 1: Go to Paytm app, and click on ‘UPI Lite Activate’ icon on the homepage
Step 2: Choose the bank account that you want to use with UPI Lite
Step 3: Enter the amount you wish to add to UPI Lite to start the payments
Step 4: Validate the MPIN to create your UPI Lite account
Step 5: Your UPI Lite account is setup for easy, one-tap payments.

ET Online

You can use the UPI Lite wallet to make payments by just scanning any UPI QR code, entering a mobile number, or selecting one from the contacts list.

“Further, to make payments using UPI Lite wallet, simply scan any UPI QR code or enter the mobile number or choose one from the contacts list. The collaboration between One97 Communications Limited (OCL) and leading Payment System Providers (PSPs) such as Axis Bank, HDFC Bank, State Bank of India (SBI), and YES Bank ensures a robust and reliable framework for your UPI transactions, facilitating seamless and uninterrupted payment experiences,” stated the Paytm press release.

ET Online

Per transaction limit: Up to max Rs 500
Cumulative usage per day: Rs 4,000
Maximum balance which can be made available in UPI LITE account at any time: Rs 2,000

ET Online