Paytm offers PIN-less payments under ₹500 with UPI LITE Auto Top-up.

Paytm has launched 'UPI LITE Auto Top-up,' allowing recurring payments under ₹500 without a PIN. This feature is perfect for daily expenses like food, transport, and small purchases.

Payments are made from a UPI LITE balance, separate from the main bank account. When the balance gets low, it automatically recharges from the linked bank account without manual effort.

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This ensures fast, seamless transactions, with a ₹500 limit per payment and a daily cap of ₹2,000.

A Paytm spokesperson said, “The introduction of automatic top-up in Paytm UPI Lite makes everyday payments faster and more seamless, covering everything from daily chai and food to auto, metro, and bus rides. It helps keep the main bank statement clutter-free, ensuring small, frequent transactions don’t overwhelm it,".

Small payments made through UPI LITE don’t appear on the main bank account statement, keeping it organized. Instead, these transactions are tracked via the UPI LITE balance, and users can download a detailed statement to monitor spending.

Paytm also supports UPI payments in select international destinations, including the UAE, Singapore, France, Mauritius, Bhutan, and Nepal. Indian travelers can use the app for shopping, dining, and other local expenses abroad.

To activate this feature, users need to link their UPI ID with their bank account through a one-time setup. If not done in advance, Paytm will prompt activation during international travel.

New Feature Offering

These new features follow recent approval from the National Payments Corporation of India (NPCI), allowing Paytm’s parent company, One 97 Communications Limited, to start onboarding new UPI users again.

Earlier in 2024, Paytm faced restrictions from the Reserve Bank of India, which stopped it from registering new UPI users and blocked deposits or top-ups for wallets, FASTags, and customer accounts. The NPCI's recent approval lifts these restrictions, but with strict conditions.

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