UPI

• Log in to UPI application
• After successful login, select the option of Collect Money (request for payment)
• Enter remitter's / payer's virtual ID, amount and account to be credited
• Review payment details on confirmation screen 
• The remitter / payer receives a notification requesting money on their mobile
• The remitter / payer clicks on the notification to open their bank's UPI application
• Here, the remitter / payer reviews the payment request
• The remitter / payer then decides to click on accept or decline request
• In case of accept payment, the remitter / payer will enter their UPI PIN to authorize the transaction
• Transaction is complete
• Remitter / Payer receives success / declined transaction notification
• Payee / Requester gets a notification and an SMS from the bank on successful credit to their bank account

• Step 1: Create UPI ID with any IPO enabled BHIM UPI application
• Step 2: Enter BID details & UPI ID on the online IPO application form 
• Step 3: Check notification on the BHIM UPI application and approve the transaction 
• Step 4: Check and verify the application details
• Step 5: Enter UPI PIN and approve the mandate block request
• Step 6: Receive confirmation of the transaction

UPI Lite is an on-device wallet feature that simplifies small-ticket payments, enabling seamless transactions up to ₹500 without the need for a UPI PIN. This eliminates the hassle of entering a PIN for everyday purchases, such as paying for groceries, cab rides, or online shopping.

How does UPI Lite work? 

• UPI Lite seamlessly integrates with your existing UPI ID and facilitates transactions up to ₹500. You can maintain a UPI Lite balance of up to ₹2000 on your device, which acts as your local wallet. 

• While adding funds to your UPI Lite balance requires an internet connection and an Additional Factor of Authentication (AFA), you can successfully make payments via UPI Lite without using an internet connection or even entering the UPI PIN.

Benefits of UPI Lite :

UPI Lite offers a multitude of benefits, making it an ideal choice for everyday transactions:

• Faster Transactions: UPI Lite streamlines the payment process for low-value transactions, reducing transaction time and queues.

• No Clutter: UPI Lite transactions are not reflected in your regular passbook, keeping it uncluttered and easy to manage.

• No PIN Required: For transactions below ₹500, UPI Lite eliminates the need to enter a UPI PIN, making payments quicker.

How to use UPI Lite ?

To start using UPI Lite, follow these simple steps:

• Open the UPI app (BHIM/GooglePay/PhonePe/PayTM) and locate the option to enable UPI Lite.

• Agree to the terms and conditions and tap 'Enable Now'.

• Select your bank account and add funds to your device's local wallet.

• For transactions below ₹500, UPI Lite mode will be automatically suggested, allowing you to make payments without entering a UPI PIN.

Experience the Simplicity of UPI Lite

UPI Lite is transforming the way we make small-value payments by offering convenience, efficiency, and a seamless user experience. 

Embrace the ease of UPI Lite and enjoy a smarter, simpler way to make everyday transactions.

For more information, click here -