agreed. the drawbacks of upi lite are overcome by this wallet upi feature.
Wallet upi doesn't ask for pin like what bank accs ask for, max it will ask for fingerprint.
then this will pose a big security risk (if no pin for any big amount too), if an attacker gains access to our paytm account.
It will require sim verification brother, it can't be done like that(very rare, until your sim gets cloned)
Child ain't born fully you guys arguing over . which colour of school bags ..
why would anyone keep big amount in paytm wallet
wdym? i just sent to a phonepe merchant
NFC too is security risk ..
which is what my original question was. but i don't think it'll have a limit. cuz at the time of activation of the paytm wallet upi, it didn't ask to set a pin. and obviously our normal bank pin won't be used here too.
Try going payment more than 5k . Lets see
my man. just because most ppl don't keep much money in paytm wallet, doesn't make it anymore secure. the vulnerabilities still exist. if they do, ppl won't add big amounts to wallet which is exactly opposite of what paytm wants.
what? try to rephrase it
Paytm gone nuts since being public on stock exchange
If u adding your bank account balance in wallet to use as Upi .why ? This was already in Amazon
It will be similar to what amazon wallet is. Nothing to debate here, a person without your sim won't be able to do transaction. That's the end. Now if you hand over your phone to unknown person, no one can do anything.
i said exactly the same above in the thread.
Don't talk about better half 😂 indirectly
First time UPI register limit is 5k for next 24-48hrs.
This is why, I don't use paytm wallet except for some cashback offers. You miss-click pay even by mistake and the money is gone without confirmation.
