Making small payments just got easier with Paytm UPI Lite’s new automatic top-up feature! Here’s everything you need to know:
Key Features:
1. Automatic Top-Up:
- Recharge your UPI Lite balance automatically when it dips below a set limit.
- No PIN required for payments up to ₹500 per transaction.
- Ideal for seamless daily transactions like groceries, transport, and subscriptions.
2. Transaction Limits:
- Per transaction: Up to ₹500.
- Daily limit: ₹2000.
3. Clutter-Free Bank Statements:
- Routine small-value payments are processed through an on-device wallet, keeping your main bank statement clean and organized.
4. UPI Statement Download:
- View and download detailed records of all UPI transactions, including Paytm UPI Lite payments.
Why Use Paytm UPI Lite?
- Faster payments for daily essentials like chai, food, metro rides, and more.
- No PIN hassles for recurring small payments.
- Convenient tracking with detailed UPI statements directly in the Paytm app.
Expanded Payment Options:
Paytm continues to innovate and expand its UPI capabilities:
- Partnered with banks like SBI, HDFC Bank, Axis Bank, and Yes Bank.
- Supports RuPay Credit Card linking on UPI.
- Enables self-account transfers, peer-to-peer payments, and auto-pay services.
Availability:
The UPI Lite auto top-up feature is live for select users with Yes Bank and Axis Bank and will soon roll out to all users and partnered banks.