Third-party apps turn on UPI autopay mode

  • Autopay allows users to make recurring transactions below Rs 5,000 through UPI apps.
  • You can now set up automatic monthly payments for your Netflix or Hotstar subscription without a debit or credit card, thanks to UPI. The feature, which was launched more than a year ago, is finally being adopted by large merchants and the most popular UPI apps.
  • While UPI Autopay was officially launched in July 2020, only bank UPI apps such as those of SBI, HDFC Bank, ICICI Bank and Paytm Payments Bank were processing such transactions.