UPI Circle unlocks supervised teen spend; Paytm Pocket Money rides the rails
NPCI's delegated-payments framework lets parents authorise teens and family members to transact under preset limits without sharing credentials. Paytm's Pocket Money launch — alongside FamApp, Junio, Walrus and Akudo — opens a regulated lane into food delivery, shopping and transport spend by under-18s.
What happened
NPCI UPI Circle · NPCI's UPI Circle enables delegated payments where parents authorize teens or family members to transact under spending limits without sharing
Why this matters
Scope partnerships or acquisitions among teen-wallet issuers to lock in a compliant on-ramp before banks and large UPI apps bundle Circle natively.