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Google Pay, the second largest Unified Payment Interface (UPI) platform in the country has officially added support for UPI Lite payment, which allows users to make small payments without using the pin. UPI lite technology allows users to make fast payments even during peak hours with a higher success rate when compared to the conventional UPI payment.
Google Pay allows existing users to create a UPI lite wallet within the same app, which can be loaded up to Rs 2,000. It also enables users to make transactions worth up to Rs 200 without requiring a pin. Currently, there is a limitation, where, one can only load up to Rs 2,000 twice a day, hence, the spending limit on the Google Pay UPI lite is limited to Rs 4,000 per day.
UPI lite payment was first announced by the Reserve Bank of India (RBI) and National Payments Corporation of India (NPCI) back in September 2022 and is currently compatible with over 15 major public sector and private banks. Paytm, PhonePe, and BHIM were the first set of UPI payment apps to introduce UPI lite payments.
Download or update the Google Pay app from the Play Store or the App Store.
Go to the profile page on the Google Pay app
Click on the setup payment methods and select UPI Lite
Click on continue and add money (up to Rs 2,000)
To make a payment using UPI Lite, just select UPI Lite as the account to pay with and click on pay PIN free
This will quickly transfer the amount to the payee’s bank account
