Paytm launches UPI Lite wallet for daily expenses, enabling instant, secure transactions up to INR 500 per payment.

Paytm's UPI Lite wallet targets low-value daily payments, allowing users to make instant, secure transactions up to INR 500 each. The wallet, designed for users managing daily expenses, requires no PIN for transactions, provides a daily capacity of INR 4,000, and enables users to add up to INR 2,000 twice daily. Paytm partners with major banks to ensure a reliable framework for UPI transactions.