Paytm’s ‘Pocket Money’ feature allows teenagers to pay without bank account

Paytm’s ‘Pocket Money’ feature lets teenagers make Paytm UPI (Unified Payments Interface) payments without needing their own bank account. Built on NPCI’s (National Payments Corporation of India) UPI Circle, the service is designed to let parents provide safe and controlled spending access to teenagers while retaining real-time visibility over their transactions from the Paytm app.