- Now Google Pay users can do small-value transactions with UPI Lite.
- The feature eliminates the need to enter the UPI PIN during transactions.
- The Reserve Bank of India (RBI) introduced UPI Lite in September last year.
Google Pay has launched UPI Lite services on its platform, aiming to enhance the convenience of digital transactions. UPI Lite is a feature that allows users to make fast digital payments with a single click. It eliminates the need to enter the UPI PIN, typically required for Google Pay transactions. Check out how to use it and other details.
Google Pay UPI Lite for hassle-free transactions
Google Pay UPI Lite is designed to simplify digital payments for users by eliminating the need for the UPI PIN. You can perform transactions efficiently by simply clicking once. Also, the UPI Lite account does not depend on real-time bank transactions, even though it is connected to the user’s bank account. It instead creates a separate corpus or wallet to conduct the transactions.
The maximum limit for loading the UPI Lite account is Rs 4,000. Users have the ability to perform instant UPI transactions, but they are limited to a maximum amount of Rs 200 per transaction.
Here’s how to use the Google Pay UPI Lite
- To activate the UPI Lite feature on Google Pay, you will need to have a Google Pay account.
- Once you have logged into your account, navigate to the profile page and locate the option to activate UPI Lite.
- Follow the provided instructions to complete the account linking process. After successfully linking your account, you will be able to add funds of up to Rs. 2,000.
- If you make a transaction for an amount below Rs 200, it will automatically be redirected to the UPI Lite account.
- To complete such transactions, simply select the “Pay PIN-Free” option.
When was the UPI Lite feature launched in India?
The Reserve Bank of India (RBI) introduced UPI Lite in September last year. This digital payment service was created by the National Payments Corporation of India (NPCI). UPI Lite is connected to the user’s bank account but does not depend on real-time access to the issuing bank’s core banking system.
