{"id":94237,"date":"2022-03-21T13:31:08","date_gmt":"2022-03-21T08:01:08","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=94237"},"modified":"2022-09-17T13:46:20","modified_gmt":"2022-09-17T08:16:20","slug":"npci-launches-upi-lite-on-device-wallet-functionality-for-upi-user","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/npci-launches-upi-lite-on-device-wallet-functionality-for-upi-user\/","title":{"rendered":"NPCI launches \u201cUPI Lite \u2013 On-Device wallet\u201d functionality for UPI user"},"content":{"rendered":"\n<p>National Payments Corporation of India (NPCI) will soon launch UPI Lite in India soon. It is an on-device wallet alternative for Unified Payments Interface (UPI) customers which will be in line with the central bank\u2019s paradigm. UPI Lite will enable small-value transactions in offline mode.<\/p>\n\n\n\n<p>In phase 1, UPI Lite will process transactions in near offline mode i.e. debit offline and credit online, and at a later point, UPI Lite will process transactions in complete offline mode i.e. debit and credit both offline. The upper limit of a UPI Lite payment transaction shall be Rs. 200 . The total limit of UPI Lite balance for an \u201cOn-device wallet\u201d shall be Rs. 2,000 at any point of time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>National Payments Corporation of India (NPCI) will soon launch UPI Lite in India soon. It is an on-device wallet alternative for Unified Payments Interface (UPI) customers which will be in line with the central bank\u2019s paradigm. UPI Lite will enable small-value transactions in offline mode. In phase 1, UPI Lite will process transactions in near [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":94238,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3376],"tags":[4931,262],"offerexpiration":[],"class_list":["post-94237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-march-2022","tag-business-current-affairs","tag-national-payments-corporation-of-india"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/94237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=94237"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/94237\/revisions"}],"predecessor-version":[{"id":94239,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/94237\/revisions\/94239"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/94238"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=94237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=94237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=94237"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=94237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}