What is UPI Autopay?

What is UPI Autopay?

UPI AutoPay is a feature that allows customers to enable e-mandate using any UPI application without having to enter a PIN for every recurring payment such as EMI payments, insurance, mutual funds, ed-tech courses, utility bills, OTT subscriptions among others. So you won't miss out any due dates and pay your bills on time! UPI AutoPay feature benefits both users and merchants as UPI mandates are generated instantly and payments get deducted automatically on the authorized date. The limit of UPI Auto pay Transaction is upto Rs.15,000 for every debit. . . Note: This is not a promotional post. Source- @gocashfree @phonepe @googlepay @bharat.pe @paytm @thejupiterapp @hubblemoney #unclerupee #finance #knowledge #autodebit #auto #payment #upi #googlepay #bharatpay #phonepe #information #personalfinance #viral #reels #trending #reelsindia #womeninbusiness #easypayment #gocashless #digital #digitalpayment #moneymanagement #sip #expenses #bills