Introducing UPI LITE: A Faster, Secure, and Seamless Payment Solution UPI LITE is a new payment solution that utilizes the NPCI Common Library (CL) application to process low-value transactions under ₹200. This solution operates within the existing UPI ecosystem protocols for mobile phones to ensure compatibility, compliance, and system acceptance. UPI LITE is designed to provide a customer-friendly experience for low-value transactions without the need for real-time access to the Remitter bank's core banking systems while maintaining adequate risk mitigation.

 

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Enabling UPI LITE

 

1. Open the UPI App

2. Click on the "Enable UPI LITE" option on the home screen

3. Read and accept the terms & conditions

4. Add the desired amount and select the bank account

5. Enter the UPI PIN

 

UPI LITE is now enabled!

 

Making Transactions with UPI LITE

 

1. Open the app

2. Choose the "Pay" option

3. Enter the amount

4. The transaction is completed successfully without the need to enter the UPI PIN

 

Benefits of UPI LITE

 

1. Increased success rate for UPI transactions

2. Reduced infrastructure load on Remitter Bank CBS

3. Uncluttered Passbook for users

4. One-click single factor authentication for UPI transactions under ₹200