Good news for iPhone users! Now, get this payments feature; here is how to use | How-to

Good news for iPhone users! Now, get this payments feature; here is how to use

Apple iPhone users can now make payments without entering PIN with the help of Paytm UPI Lite. Here is how.

| Updated on: May 13 2023, 14:56 IST
Why you should pick iPhone 14 Pro Max over other Apple iPhones
1/6 As most Apple fans are eagerly waiting for the launch of the iPhone 15, there are those who want to go for the earlier models like the one from the iPhone 13 series or the iPhone 14 lineup. If you are confused which iPhone model you should opt for, then one of the best models of the iPhone 14 series, the iPhone 14 Pro Max could be the best choice- budget permitting. Here is why. (HT Tech)
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2/6 Though the iPhone 14 Pro Max is a bit pricey, it can be currently purchased at a discounted rate of Rs. 127999 (128GB) on Flipkart. The iPhone 14  Pro Max comes in four colour options- Space Black, Silver, Gold, and Deep Purple. Less with exchange deal and bank offers. (HT Tech)
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3/6 The iPhone 14 Pro Max gets a 6.7 inch super retina XDR display with pro motion technology. It also supports Always-On display and dynamic island. Also, the  devices support emergency SOS and come with crash detection. (HT Tech)
4/6 Apple iPhone 14 Pro Max houses a triple rear camera setup- 48 MP + 12 MP + 12 MP. along with a front camera of 12 MP. Notably on the iPhone 14 Pro and Pro Max models come with a 48MP camera. (AFP)
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5/6 The iPhone 14 Pro Max runs on A16 Bionic chipset compared to that A15 Bionic chipset or older chipset in other iPhone models. It is also splash, water and dust resistant and gets a IP68 rating (maximum depth of 6 metres up to 30 minutes) under IEC standard 60529). (HT Tech)
6/6 As can be seen, the difference is very much there. However, which one you want to opt for depends entirely on your budget and your requirement. Notably, it is always better to go for the newest model because it will get Apple support for a longer period. (AFP)
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Know how iPhone users can use Paytm UPI Lite. (AFP)

Paytm Payments Bank has rolled out Paytm UPI Lite support for iPhone users. The Bank also announced its latest features like RuPay Credit Card on, Split Bill, pin favorite contact and chat with friends, set alternate UPI ID with Paytm app to hide mobile number, and more. With the help of the UPI Lite feature, iPhone users will now be able to make secure and fast transactions without entering a UPI PIN. Not aware of UPI Lite Here is all you need to know.

What is UPI Lite

The Reserve Bank of India in September 2022 launched UPI Lite which is a digital account designed by the National Payments Corporation of India (NPCI) to facilitate faster and easier transactions for low-value transfers. UPI Lite is a distinguished feature that will make regular transactions like payments for low-value shopping such as groceries or low-priced single items smooth and fast, according to a blog post by Paytm.

Paytm's UPI Lite enables users to carry out transactions up to Rs. 200, with a maximum cumulative limit of Rs. 4000. As per the blog post, the UPI Lite app has a maximum balance limit of Rs. 2000 at any given time. A maximum of Rs. 2000 can be added to the UPI Lite account twice daily. This allows for a cumulative transaction limit of Rs. 4000 in a day. Users can make multiple transactions within the maximum UPI Lite transaction limit.

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"A user can load Rs. 2000 in the UPI Lite app and utilize the available balance to conduct transactions until it is fully utilized. The maximum allowed value per transaction is Rs. 200. Therefore, a user can make multiple transactions until the limit is reached. However, if the user requires further transactions on the same day, they may add another Rs. 2000 to their UPI Lite account,"Paytm informed.

Users can activate UPI Lite on the Paytm app by linking the bank account that supports this feature. Once the linking process is complete, users can add funds up to Rs. 2000, and a maximum of Rs. 4000 per day to their UPI Lite account. Transactions made through the UPI Lite account will be deducted from the UPI Lite account and not from the linked bank account. Notably, every time a transaction is carried out through UPI Lite, an SMS notification will be sent to the user.

Use Paytm UPI Lite on iPhone: Here is how

Step 1:

Download Paytm on your iPhone via Apple App Store.

Step 2:

Once downloaded, open the Paytm app and click on the UPI Lite icon available on the home screen.

Step 3:

Now you will have to provide your bank account details and confirm it.

Step 4:

Then add money to your UPI Lite wallet.

Step 5:

While making payment, you will have to select the UPI Lite option.

Step 6:

Then enter the receiver's UPI ID or scan the QR code and enter the amount you have to pay.

Step 7:

Click on Pay.

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First Published Date: 13 May, 14:55 IST