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Paytm launches UPI Lite auto recharge for daily payments below Rs 500
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Paytm launches UPI Lite auto recharge for daily payments below Rs 500

Paytm has launched the Unified Payments Interface Lite auto-recharge feature for daily payments below Rs 500 that do not require a PIN, parent company One97 Communications said in a statement. This feature will allow users to automatically top up their Unified Payments Interface Lite balance if it falls below the set limit, the company said.

Payments of up to Rs 500 can be made per transaction, with a daily limit of Rs 2,000, One97 Communications said. The feature is available for UPI IDs on YES Bank and Axis Bank for select users, and will be extended to all users and remaining partner banks, the company said.

Additionally, the company has introduced a UPI Statement Download feature, which will allow users to view and download detailed records of all UPI transactions.

The new feature comes just days after Paytm launched UPI International. The facility allows Indian travelers to make UPI transactions in 6 foreign countries: Singapore, France, UAE, Mauritius, Bhutan and Nepal. The feature is disabled by default and requires users to perform a “one-time activation” to link to the user’s bank account.