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Paytm UPI Lite adds auto top-up
The Business Guardian
|November 27, 2024
The Paytm UPI Lite auto top-up feature is live on Yes Bank and Axis Bank handles for select users, and will soon be expanded to all users and remaining partnered banks.
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One 97 Communications Limited (OCL), which owns the brand Paytm, has introduced automatic top-up for Paytm UPI Lite, the company informed the exchange in a filing.
As per the company, this feature allows users to automatically recharge their UPI Lite balance when it falls below a set limit, ensuring seamless small-value transactions without the need for a PIN. Payments of up to Rs 500 can be made per transaction, with a daily limit of Rs 2000, making it ideal for recurring daily payments.
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