VERIFIEDMint Money·18 May 2026neutral

Paytm launches Pocket Money: Teens without a bank account can now make UPI payments, parents can set limits; here's how

AI Summary

·Paytm has launched Pocket Money, a feature allowing teenagers without bank accounts to make UPI payments.
·Parents can set spending limits for their children through the feature.
·The launch aims to provide financial independence to teenagers, eliminating the need to borrow phones or share OTPs for transactions.