When it comes to digital payments, UPI has become the most preferred option for consumers. According to NPCI, 9.96 billion transactions worth ₹15.34 lakh crore
With India’s mobile payments witnessing remarkable growth, people are taking to UPI for even the smallest of payments. From a cup of tea to evening snacks, daily payments are increasingly moving to UPI.
Currently, Paytm Bank is the leader in UPI payments with the highest market share in P2M (peer-to-merchant) payments as the largest acquiring bank. It has remained the top UPI beneficiary bank for 21 months in a row, along with being one of the leading remitter banks.
Paytm UPI is powered by the latest UPI LITE technology for successful payments, and offers 3-level bank-grade security. Additionally, payments made using UPI LITE will not be shown in the passbook.