Anand Mahindra hails presence of UPI system in ‘India’s last tea shop’ — details inside | Company news. | Tech US News


New Delhi: Mahindra Group Chairman Anand Mahindra has hailed the success of India’s digital payments ecosystem in reaching the remotest corners of India. Mahindra shared a Twitter user’s post with pictures about the availability of UPI payments at a shop in the last village at an altitude of 10,500 in Uttarakhand.

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“As they say, a picture is worth a thousand words. This captures the fascinating scope and scale of India’s digital payments ecosystem. Jay Ho!” Anand Mahindra tweeted.

The post was originally by a Twitter user named Arul Mozzi. He shared pictures of a shop run by a woman in the last village at an altitude of 10,500 feet in Uttarakhand.

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Mahindra’s post received more than 5 thousand likes and 466 retweets. A user replied to the post saying that they provide Amul Milk and Maggi. UPI is not a big deal anymore with the availability of internet. Tourism is their income so it’s all about what the customers need.

Make UPI payments through wallet without using UPI PIN.

The National Payments Corporation of India (NPCI) recently introduced ‘UPI Lite’ to make low-cost transactions faster and safer. This feature will be enabled on the BHIM app and low value transactions can be done using the ‘on device’ wallet. It may be similar to other wallets in the market. You can add a maximum of Rs 2000 to the wallet at any point. Here are the steps to enable UPI Lite on your BHIM APP.

How it works?

The service will have a UPI Lite balance which means a virtual ‘all device’ balance enabled by the user from the account to transact using UPI Lite on the BHIM app.

Customers of the following eight banks will be able to use the UPI Lite payment system: State Bank of India (SBI), Union Bank of India, Utkarsh Small Finance Bank, Canara Bank, HDFC Bank, Indian Bank, Kotak Mahindra Bank, and Punjab National. Bank

How to setup UPI Lite in BHIM App

Step 1: Download and install the BHIM app on your Android phone or iPhone.

Step 2: Login to the app and add a bank account for UPI transactions.

Step 3: Scroll down and tap UPI Lite banner.

Step 4: Tap on Activate Now button.

Step 5: Read all the details and then tap on Activate Now button.

Step 6: Now, you will be asked to add Rs 2,000 to your UPI Lite e-wallet. Enter the amount you want to transfer.

Step 7: Select the bank account from which you want to transfer money.

Step 8: Tap on Enable UPI Lite button.

Step 9: Enter your UPI PIN. After the money transfer, your UPI Lite e-wallet will be activated.


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