Paytm rolls out Pocket Money, a UPI Circle feature for teen-supervised retail spends
Built on NPCI's UPI Circle, Paytm Pocket Money lets parents delegate capped UPI payments to teenagers without a separate bank account. Targets small-ticket retail use cases: transport, school canteens, mobile recharges, and grocery runs, with spend limits, transaction tracking, and revocable access.
Paytm launches Pocket Money, a UPI Circle-based feature letting teenagers make supervised UPI payments without their own bank account. Parents set spending limits, track transactions, and revoke access, targeting small-ticket retail spends like transport, canteens, recharges, and groceries.