HomeTechnologyPaytm's UPI Lite now available on iOS - Unlisted News

Paytm’s UPI Lite now available on iOS – Unlisted News

Paytm Introduces UPI Lite on iOS

Paytm, the Indian digital payment giant, has recently launched a new feature called UPI Lite on its iOS app. This new feature will allow users to create a UPI ID without even having a bank account. This is a significant development for the digital payment industry, as it enables more people to adopt UPI payments. The feature is currently available only on the Paytm app for iOS.

What is UPI Lite?

UPI Lite is an extension of Unified Payments Interface (UPI), which is a digital payments system developed by the National Payments Corporation of India. UPI Lite is a simplified version of UPI that enables users to create a UPI ID without having to link a bank account. The feature is aimed at people who do not have a bank account and who want to make digital payments.

How UPI Lite works?

To create a UPI ID, users need to enter their mobile number, a valid email address, and a password. Once the registration is complete, users can start using UPI Lite to make payments. The feature also allows users to create a virtual payment address (VPA), which is used to receive UPI payments. The VPA can be created by selecting a username that is unique and easy to remember.

What are the benefits of UPI Lite?

UPI Lite has many benefits for users who do not have a bank account. Firstly, it allows them to make digital payments using UPI, which is a secure and reliable payments system. Secondly, it enables them to create a VPA, which can be used to receive payments from anyone who has a UPI ID. This means that users can receive payments for services or products that they sell online, without the need for a bank account. Furthermore, UPI Lite makes it easier for users to register for UPI, as they do not need to go through the process of linking a bank account.

What are the limitations of UPI Lite?

UPI Lite has certain limitations, as it is a simplified version of UPI. The most significant limitation is that users can only make payments in the range of Rs. 1 to Rs. 10,000 per transaction. Moreover, users cannot link a bank account to their UPI ID, which means that they cannot transfer funds from their UPI wallet to their bank account. Finally, UPI Lite is only available on the Paytm app for iOS, which means that Android users cannot use this feature.


Paytm’s UPI Lite feature is an innovative solution that addresses the problem of financial inclusion by enabling more people to make digital payments. It is a significant development for the digital payment industry, as it opens up new possibilities for people who do not have a bank account. However, UPI Lite has certain limitations that need to be addressed for it to become a mainstream payments system. Nevertheless, it is a step in the right direction towards a cashless economy.

Sara Marcus
Sara Marcushttps://unlistednews.com
Meet Sara Marcus, our newest addition to the Unlisted News team! Sara is a talented author and cultural critic, whose work has appeared in a variety of publications. Sara's writing style is characterized by its incisiveness and thought-provoking nature, and her insightful commentary on music, politics, and social justice is sure to captivate our readers. We are thrilled to have her join our team and look forward to sharing her work with our readers.


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