UPI AutoPay facility started by NPCI for recurring payment

UPI AutoPay
  • NPCI has launched the functionality of UPI AutoPay for recurring payments.

Benefits:

  • Customers can now enable recurring e-mandate using any UPI application for recurring payments such as mobile bills, electricity bills, EMI payments, entertainment/OTT subscriptions, insurance, mutual funds, and loan payments, paying for transit/metro payments among others of up to Rs. 2000. If the amount exceeds Rs. 2000, customers have to execute every mandate with UPI PIN.
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