What is UPI Lite: How to enable and use it, even without internet or a pin
Highlights
UPI Lite can work even without an internet connection.
UPI Lite works through the BHIM app for now.
You can send up to ₹200 only via UPI Lite.
National Payments Corporation of India (NPCI) has introduced UPI Lite in India at Global Fintech Fest 2022, in Mumbai a few days back. UPI Lite comes as a trim-down version of the Unified Payments Interface (UPI) that ‘s aimed at easing the low-valued payments between two bank accounts through the BHIM app. Let’s learn how low-valued the transactions must be, how’s UPI Lite different from the regular UPI, and everything else you need to know about this new digital payment system here.