NPCI Launches UPI AutoPay Feature for Recurring Payments
National Payments Corporation of India (NPCI), on Wednesday, launched its one-stop fintech payment solution- UPI AutoPay in a virtual event of Global Fintech Fest. The feature is dedicated to recurring payments and can be used for multiple financial purposes such as utility payments, booking bus pass, train tickets, paying DTH subscriptions among others.
(The Economic Times, July 23)
Arushi Chawla's key takeaway:
- This 'set it and forget it’ feature is not just great for the end user, but shows the NPCI’s commitment to strengthening its domestic digital payments platform and supporting the overall ecosystem
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Jul 28, 2020
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