- Paytm introduces UPI Lite support on iOS: Paytm has launched UPI Lite support for iOS devices, allowing users to enjoy faster and uninterrupted transactions even during peak hours.
- RuPay credit cards integrated with Paytm UPI: Paytm now supports OTP-less UPI payments for users with RuPay credit cards, offering them convenience and the ability to earn reward points.
- New features for enhanced user experience: Paytm has introduced features such as bill splitting, contact pinning, and payment labeling to provide users with a seamless and organized digital payment experience.
Paytm CEO Vijay Shekhar Sharma unveils UPI Lite support and more at a live event
In an exciting announcement, Paytm, the renowned digital payment platform, revealed its introduction of UPI Lite support on iOS. During a live event, Paytm CEO and Founder Vijay Shekhar Sharma delightedly shared the news, highlighting the company's associate, Paytm Payments Bank, also joining in by adding support for RuPay credit cards on the Unified Payments Interface (UPI). Furthermore, the company introduced several additional features aimed at enhancing user experience, including bill splitting, quick access contact pinning, and the ability to set up an alternate UPI ID to protect mobile numbers. Paytm proudly announced that the Paytm Super App has already witnessed an impressive signup of approximately 6 million users for UPI Lite.
UPI Lite on iOS: Enhanced Functionality, Even During Peak Hours
Paytm's faster UPI Lite system, renowned for its uninterrupted performance even during peak hours, is now readily available on iOS devices. With a user base of 6 million UPI Lite users, Paytm continues to gain traction as a preferred digital payment platform. Currently, a total of 13 banks support UPI Lite on Paytm, further facilitating seamless transactions for users.
RuPay Credit Cards: OTP-less UPI Payments and Reward Points
In a move to expand its payment options, Paytm announced that users possessing RuPay credit cards can now register to make OTP-less UPI payments through the Paytm application. Additionally, RuPay credit cardholders will also enjoy the benefits of reward points, just like users with other card types who have already signed up.
Empowering User Convenience: New Features Unveiled
Paytm's commitment to user satisfaction is evident through the introduction of several new features designed to enhance convenience and streamline payment processes. Users can now create groups with friends within the Paytm app to utilize the Split Bill feature effectively. Moreover, the ability to pin contacts for regular interactions ensures quick access and seamless communication. These features are aimed at simplifying everyday transactions for Paytm users.
Simplified Payment Tracking: Labels for Enhanced Organization
Recognizing the importance of easy payment tracking, Paytm has introduced the ability to tag payments with specific labels. Users can conveniently access all payments associated with a particular label, ensuring effortless organization and retrieval of payment records. This feature further strengthens Paytm's commitment to providing a user-friendly and efficient payment experience.
Paytm's Success and Future Prospects
Paytm's relentless efforts in revolutionizing digital payments have garnered significant achievements. With a user base of 70 lakh small business merchants utilizing Paytm Soundbox—a speaker that announces incoming payments—Paytm has become an indispensable tool for businesses. Moreover, the company's ongoing commitment to expanding its offerings and improving user experience has positioned Paytm as a market leader in the digital payment ecosystem.
Paytm's recent announcement of UPI Lite support on iOS, along with the introduction of various user-centric features, showcases the company's dedication to providing seamless and convenient digital payment solutions. With the expansion of support for RuPay credit cards and the inclusion of new features like bill splitting, contact pinning, and payment labeling, Paytm continues to enhance user experiences and solidify its position as a leading digital payment platform.