The solution runs off existing UPI ecosystem protocols for mobile phones to ensure commonality, compliance and system acceptance. UPI LITE experience is intended to be a customer-friendly approach to enabling low-value transactions without utilizing a Remitter bank’s core banking systems in real-time while providing adequate risk mitigation. Get a detailed guide on what UPI Lite is, their safety features, UPI Lite and UPI Lite X transaction limit. Discover how UPI Lite works and its benefits. The Reserve Bank of India has increased the UPI Lite transaction limit and the total wallet capacity. This change aims to boost digital payments, especially in areas with poor internet ... UPI LITE works like a digital wallet, allowing you to seamlessly undertake low-value transactions, even with an unstable, or no internet connection. Moreover, you dont need to do e-KYC, or input your UPI PIN to authorise these transactions. Recently, NPCI increased the per transaction limit, and the total limit at any point in time for both UPI LITE and UPI LITE X. Read on to know more about these enhanced limits, and what will happen if you have a dormant UPI LITE account. What is UPI LITE ?
