Google Pay has announced a new feature called UPI Lite, which will allow users to make small, quick digital payments without having to enter their UPI PIN.

UPI Lite is a lightweight version of the Unified Payments Interface (UPI), which is a popular payment system in India. UPI Lite uses a different transaction flow that does not require the user to enter their UPI PIN. This makes it faster and easier to make small payments, such as buying a coffee or paying for a taxi ride.

UPI Lite is currently available in beta testing in India. Google plans to roll out the feature to all users in the coming weeks.

How UPI Lite Works

To use UPI Lite, users will need to have a Google Pay account and a linked bank account. They will also need to have a balance of at least Rs. 200 in their UPI Lite account.

To make a payment using UPI Lite, users will simply need to open the Google Pay app and select the "UPI Lite" option. They will then need to enter the recipient's UPI ID or mobile number, and the amount of the payment. The payment will be processed instantly, and the user will not need to enter their UPI PIN.

Benefits of UPI Lite

There are several benefits to using UPI Lite, including:

• Speed: UPI Lite is designed to be faster than traditional UPI payments, as it does not require the user to enter their UPI PIN.
• Ease of use: UPI Lite is very easy to use, even for first-time users.
• Security: UPI Lite is just as secure as traditional UPI payments, as it uses the same encryption technology.

Drawbacks of UPI Lite

There are a few drawbacks to using UPI Lite, including:

• Limits: UPI Lite can only be used for small payments, up to Rs. 200 at a time.
• Banks: Not all banks support UPI Lite yet.

Overall, UPI Lite is a new and innovative feature that makes it easier and faster to make small digital payments. The feature is currently in beta testing, but it is expected to be rolled out to all users in the coming weeks.

What do you think of UPI Lite? Do you think it will be a popular feature?