Sunday, December 22, 2024 | 11:35 AM ISTEN Hindi

Home / Finance / News / Paytm, PhonePe to launch UPI Lite for smaller epayments soon: Report

Paytm, PhonePe to launch UPI Lite for smaller epayments soon: Report

UPI Lite was introduced by the National Payment Corporation of India (NPCI) last year to facilitate small ticket transactions up to Rs 200

Premium

BS Web Team New Delhi

2 min read Last Updated : Feb 06 2023 | 8:52 AM IST

Paytm and PhonePe are likely to launch the Unified Payments Interface (UPI) Lite on their mobile applications soon, a report by the Economic Times (ET) said. On Paytm, the feature is expected to be enabled within a month.

UPI Lite was introduced by the National Payment Corporation of India (NPCI) last year

Topics : PhonePe Paytm UPI NPCI BS Web Reports digital payment

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in