One 97 Communications Ltd (Paytm) launched Paytm Pocket Money, a new UPI service for teenagers without bank accounts.
Parents can set monthly spending limits of up to ₹15,000 and monitor transactions in real-time via the Paytm app.
The service integrates with Paytm Spend Summary for expense categorization and promotes financial literacy for teens.
This is disclosed under SEBI Listing Regulations as a new product launch by India's leading payments company.