UPI Lite on Paytm UPI is a very important step to promote digital payments. Today most people are using it. People now prefer to use UPI instead of cash. UPI has started a new feature it is UPI Lite. This facility can be activated from Paytm. Let us know how you can activate UPI Lite.
Simplified UPI Lite Access
To promote digital payments, Unified Payment Interface, which is called UPI in short form. It has become an important payment system. Today people prefer to do UPI instead of cash. UPI brings new features for the convenience of customers. Now UPI has started UPI Lite features. This is a very easy way to make UPI payments.
In UPI Lite, you can do a transaction of Rs 500 without UPI PIN. Now this limit has increased by Rs 2,000. With this facility you can make small payments easily. Now you are getting the facility of UPI Lite on Paytm also. You can easily activate it on Paytm app.
How to activate UPI Lite
- You have to open Paytm app in your phone.
- After this you have to select the option of UPI Lite.
- Now select your bank account from UPI Lite, which you want to link.
- After this enter the amount, you want to add.
- Now enter your UPI PIN.
- In this way, you have easily activated your UPI Lite. After this you can do UPI by just tabbing.
How much amount can add on Paytm
In the monetary policy review meeting held last month, the RBI governor announced that various steps are being taken to take digital payments to every part of the country. To make UPI Lite accessible to all, the UPI Lite limit has been increased to Rs 2,000. After this decision, UPI will reach rural areas.
In this, you can add up to Rs 4,000 in a day. UPI Lite features are available on many apps like Phone Pe, Google Pay along with Paytm.
Paytm Share Price
Shares of financial company One97 Communications, which offers services under the Paytm brand, jumped over 11 per cent in early trade on Monday. The stock surged after the company’s founder and chief executive officer (CEO) Vijay Shekhar Sharma announced acquisition of 10.30 per cent stake in Paytm from Antfin (Netherlands) Holding BV.
This deal will be cashless. The company’s share price rise by 11.57 per cent to Rs 887.55 on the BSE. The share price in NSE increased by 11.43 percent to Rs 887.70.
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