NPCI prepares on-device wallet to launch UPI Lite for offline payments

India's National Payments Corporation (NPCI) is preparing an on-device wallet to debut UPI Lite for small offline transactions. The service will let users make small payments without a constant internet connection.

• NPCI is building an on-device wallet for UPI Lite
• UPI Lite targets small offline transactions
• Payments won't require a constant network connection