Indian fintech Paytm opens instant payment to teenagers

Indian Fintech Paytm took a new step by launching Paytm Pocket Money. Thinking about teenagers, this feature should allow them to make payments UPI, Indian instant payment system, in full autonomy, without opening a bank account, while giving parents precise control over their children's expenses. The scheme aims to transform the management of pocket money in Indian families, by securing minors' journeys and facilitating their financial learning.