UPI vs. UPI Lite: Transaction limit, availability, and other key differences

The National Payments Corporation of India (NPCI) launched two versions of a digital payment system: UPI (Unified Payments Interface) and UPI Lite. UPI provides a comprehensive platform that enables users to send money, receive money, and carry out a variety of financial operations for transactions up to ₹1 lakh daily.
In contrast, UPI Lite is a more straightforward version that is intended primarily for small-value transactions.