PhonePe Launches UPI Lite Feature for Low-Value Transactions Without a PIN
PhonePe, the Walmart-owned fintech firm, has announced the launch of its UPI Lite feature, which enables users to initiate low-value payments of up to Rs 200 without using a PIN. The feature is supported by all major banks and is accepted by all UPI merchants and QR codes throughout India. The offering is expected to provide much faster real-time payment solutions for small transactions such as groceries, transit, and other... Read More