Q. Which is the first platform to launch ‘UPI LITE payments’?
Answer: Paytm Payments Bank
Notes: Paytm Payments Bank has become the first platform to launch UPI LITE payments, to enable quick and seamless transactions of up to Rs 200 without having to enter a PIN to make a payment. UPI LITE is enabled by National Payments Corporation of India (NPCI) and it aids users to carry out multiple small-value UPI transactions without using a PIN.
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