At present, people make digital payments of cash for even small tasks. Because of this, the popularity of the Unified Payments Interface (UPI) has increased significantly among the people. National Payment Corporation of India (NPCI) keeps adding many new features to UPI from time to time for the convenience of customers. UPI Lite From its name itself you must have come to know that this is a light version of UPI. The most important thing is that it can be used without Internet and you can also use the feature on mobile phones.
UPI Lite has special features
The most important thing is that customers do not need the internet to transfer money in UPI Lite. This is an on-device wallet feature. In this, customers can transfer small amounts in real-time even without the internet.
UPI Lite can be used on the BHIM app and Paytm. Currently, a total of eight banks allow the use of the UPI Lite feature. With UPI Lite, you can transact up to Rs 4000 in 24 hours. There is no limit on the number of transactions.
While transferring money through UPI, customers need a 6 or 4-digit PIN. However, in UPI Lite, money can be transferred without a PIN. You can also receive money through UPI, but only sending money is allowed in UPI Lite. The most important thing is that now money can be easily sent even to places with fewer or poor networks like flights, parking, trekking points.
Use BHIM app like this
To use UPI Lite on the BHIM app, first open the app and go to the UPI Lite X Balance option.
After going to this option, click on the Enable button.
After this, to do offline transaction, click on the permission box and then Enable Now.
After this, you have to add the amount to your UPI Lite wallet. After this again click on Enable UPI Lite X.
After this, after the money comes to your wallet, you can use UPI Lite.
Reserve Bank of India (RBI) has designed it in collaboration with NPCI. UPI Lite is very much liked by the customers. At present this country is valid on debit of about 8 banks.
(PC: ISTOCK)
