"Paytm has launched Paytm Pocket Money, a feature that allows teenagers to make UPI payments without needing their own bank account. The feature is built on the National Payments Corporation of India’s UPI Circle framework. It enables parents or trusted family members to provide controlled payment access through the Paytm app, while monitoring spending in real time. Teenagers can use the service for everyday transactions including school and college canteens, metro rides, cab fares, mobile recharges and shopping."