Through Paytm UPI LITE, India’s own Paytm Payments Bank has made it possible to make real-time UPI payments with just one tap. Even when banks have problems with their success rates during peak transaction hours, these payments never fail.
Paytm Payments Bank is the largest acquiring and beneficiary bank, as well as a leading remitter bank, in UPI Peer to Merchant (P2M) payments.
Paytm Payments Bank, Canara Bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank, State Bank of India, Union Bank of India, and Utkarsh Small Finance Bank are some of the other financial institutions.
A safe “on-device” wallet that is linked to the user’s bank account is Paytm UPI LITE. It simplifies bank statements by making only one entry in the user’s bank account. For successful payments, it is powered by the most recent UPI LITE Technology, which provides three levels of bank-grade security.
