Google Pay: UPI Lite allows easy payments without a PIN!

Google Pay introduces UPI Lite for sooner and simpler small funds

The agency additionally notes that UPI LITE ensures a excessive hit payment even throughout peak buying and selling hours. The UPI LITE account could be loaded as much as Rs.2000 twice a day and permits shoppers to make UPI transactions on the spot as much as Rs.200. Utilizing UPI Lite additionally offers you a a lot much less cluttered passbook with fewer transaction particulars. ,

UPI Lite’s launch comes weeks after its rivals Paytm and PhonePe rolled out an an identical characteristic on their platform apps. Notably, 15 banks at the moment assist UPI Lite, with extra banks to be monitored within the coming months.

Talking concerning the launch, Ambareesh Kenghe, VP Product Administration, Google stated, “At Google Pay, we’re proud to companion with the authorities of India, alongside the NPCI and RBI, to extend the attain and utility of UPI. distinctives and utilization situations are vital to driving digital funds ahead nationwide and with the introduction of UPI Lite to the platform, we intend to streamline small worth transactions by providing potential shoppers a handy, compact and superfast. ,

The most effective method to activate UPI Lite on Google Pay

Gpay prospects can merely activate the UPI Lite characteristic by way of a easy course with out KYC authentication. That is the detailed process to activate UPI Lite on Google Pay.

• Open the Google Pay app in your cellular gadget.
• Discover out and faucet your profile icon or profile image, which is normally positioned within the higher proper nook of the display screen. This may occasionally open your Web profile internet web page.
• In your profile internet web page, scroll down or navigate to search for the choice to activate UPI LITE. Faucet on it.
• A brand new present or showcase will seem with instructions and particulars about UPI LITE.
• Undergo the information offered and faucet the choice to activate UPI LITE.
• Google Pay will let you understand by way of the linking course of, which can embrace linking your checking account or verifying your particulars. Respect the prompts on the display screen and supply the requested knowledge as requested.
• As quickly because the hyperlink course is full, you’ll obtain a affirmation message or notification that UPI LITE has been efficiently activated.
• You’ll now have the flexibility so as to add funds to your UPI LITE account. Open the Google Pay app and go to the UPI LITE or Pockets half.
• Faucet on the selection in order so as to add the quantity and enter the specified quantity, as much as a most of Rs.2000.
• Affirm the transaction and proceed. The quantity will probably add to the soundness of your UPI LITE account.

Please observe that the utmost each day restrict for together with funds in your UPI Lite account is INR 4000. Additionally, for transactions with a worth of INR 200 or much less, the UPI Lite account could also be chosen by default. This implies you’ll not must enter your UPI PIN for such transactions.

conclusion

Google Pay’s introduction of UPI Lite brings simplicity, tempo and reliability to small funds. With a single faucet, prospects can ship cash as much as Rs 200 with out coming into a PIN, making it appropriate for normal payments. UPI Lite goals to promote digital funds in India by providing a handy, compact and super-fast fee expertise. By rising its attain and utility, Google Pay contributes to the expansion of the UPI platform and helps the authorities of India to consider a cashless monetary system. Activate UPI Lite on Google Pay at present and luxuriate in the advantages of quick and hassle-free transactions.

Commonly Requested Questions (FAQ)

What’s UPI Lite?

UPI Lite is a digital fee service launched by Google Pay in partnership with Nationwide Funds Firm of India (NPCI) and Reserve Monetary Establishment of India. It permits prospects to make funds as much as Rs 200 with a single faucet, thus eliminating the necessity to enter a PIN.

How does UPI Lite work?

UPI Lite has been built-in into the Google Pay platform, permitting prospects to make fast, one-click UPI transactions with out having to enter a UPI PIN. The Lite Account is linked to a client’s checking account and offers real-time transactions with out counting on the issuing monetary establishment’s main banking system.

What are the advantages of utilizing UPI Lite?

Utilizing UPI Lite presents a number of advantages, together with an improved hit payment throughout peak buying and selling hours, on-site UPI transactions of as much as Rs 200, and a a lot much less cluttered passbook with fewer transaction particulars. It offers a streamlined, concise, and prompt pricing expertise.

How do I activate UPI Lite on Google Pay?

To activate UPI Lite on Google Pay, observe these steps:

1. Open the Google Pay app in your cellular gadget.
2. Faucet your profile icon or profile image to go to your profile webpage.
3. Scroll down or navigate to search for the choice to activate UPI LITE and faucet it.
4. Undergo the information offered and faucet the choice to activate UPI LITE.
5. Comply with the on-screen prompts to hyperlink your checking account or affirm your particulars.
6. As quickly because the hyperlink course is full, you’ll obtain a affirmation message indicating the worthwhile activation of UPI LITE.

What’s the most restrict for together with funds in my UPI Lite account?

The utmost each day restrict for together with funds in your UPI Lite account is INR 4000.

Please see this hyperlink for extra knowledge