Paytm MUPI Lite Auto Top Up Feature: One 97 Communications Limited (OCL), which owns the Paytm brand, has introduced automatic top-up for Paytm UPI Lite, the company informed the exchange in a filing.
According to the company, this feature allows users to automatically recharge their UPI Lite balance when it falls below a certain threshold, ensuring seamless small-value transactions without the need for a PIN.
Payments of up to Rs.500 can be made per transaction, with a daily limit of Rs.2000, making it ideal for daily payments. Subscriptions, or small bill settlements — eliminating the need for a PIN.
This helps maintain clutter-free bank statements, as routine payments are processed through the on-device wallet without directly accessing a central bank account.”
Additionally, the company has also introduced a UPI Statement Download feature, which enables users to view and download detailed records of all UPI transactions, including those made through Paytm UPI Lite. This enhancement supports effective cost monitoring and cost management.
The Paytm UPI Lite auto top-up feature is live for select customers on Yes Bank and Axis Bank handles, and will soon be rolled out to all customers and other partner banks.” Automatic Top Up in Paytm UPI Lite Introduced Daily Makes payments faster and smoother, covering everything from daily tea and meals to auto, metro and bus rides, ensuring a clutter-free central bank statement. Small, Repeated transactions do not overcome this.
The Paytm app provides a detailed UPI statement including Paytm UPI Lite charges, allowing users to track and manage all their payments efficiently,” said a Paytm spokesperson.
The company also said it has partnered with leading banks, including State Bank of India (@ptsbi), HDFC Bank (@pthdfc), Axis Bank (@ptaxis), and Yes Bank (@ptyes) For barrier-free and secure UPI. Payments
The platform enables users to link their bank accounts and create UPI IDs for seamless self-account transfers, peer-to-peer transactions, and online and offline payments.
It provides direct account balance check within the app. It offers UPI Lite for small value transactions, RuPay credit card linking on UPI, and an AutoPay service, which enhances the overall payment experience.
Expanding its reach, the platform now also supports international UPI payments in overseas locations where UPI is accepted, including the UAE, Singapore, France, Mauritius, Bhutan, Sri Lanka, and Nepal.