What types of transactions are best suited for UPI Wallets instead of UPI?

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What types of transactions are best suited for UPI Wallets instead of UPI?

UPI Wallets are perfect for microtransactions such as purchasing snacks, tea, or paying small vendors. They work well for recurring payments like utility bills or mobile recharges. Thus, a seamless experience is upheld. Wallets simplify peer-to-peer transfers, for example, splitting bills or sharing expenses. 

For online shopping, UPI Wallets often feature exclusive discounts, making them a cost-effective option. They are also well-suited for local market purchases, event tickets, or educational fees, where users prefer controlled spending. With faster processing and no direct bank link for each transaction, UPI Wallets make day-to-day payments simpler and more secure.

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