what is paytm upi lite

Paytm UPI Lite is a streamlined version of the Unified Payments Interface (UPI) designed for quick, small-value transactions. It functions as an on-device digital wallet, allowing users to make payments up to ₹500 instantly without entering a UPI PIN. This feature helps in reducing the load on bank servers and keeps your bank statement clutter-free, as only the top-up transaction appears. You can load up to ₹2,000 at a time, with a maximum daily load/transaction limit of ₹4,000.