what is upi lite in paytm

UPI Lite is an on-device digital wallet feature designed for fast and convenient small-value payments without requiring a UPI PIN for each transaction. It acts as a separate balance within the app, where you can load funds from your linked bank account. This feature allows for transactions up to ₹500 per payment. The maximum balance you can hold is ₹2,000 at any time, and the total daily top-up limit is ₹4,000. It helps in processing payments almost instantly and reduces clutter on your bank statements.