Paytm Payments Bank goes live with UPI Lite

Paytm Payments Bank on Wednesday said it has gone live with the UPI Lite feature on its platform. Unified Payments Interface (UPI) Lite allows transactions of up to Rs 200 without using a UPI PIN.

On February 6, ET was the first to report that Paytm was planning to go live with the product that will allow users to make small-ticket transactions without the use of UPI PIN.