upi auto pay
Now there is no need to forget to pay electricity bill or set SIP reminder every month. UPI AutoPay does everything automatically and securely. This facility started by National Payments Corporation of India (NPCI) is now becoming the first choice of the people. It’s fast, reliable and completely transparent. That’s why crores of users are using it through banks and apps.
How does UPI AutoPay work?
Through UPI AutoPay, you can set up recurring payments directly from your UPI app. Such as OTT services like Netflix, Disney+ Hotstar, insurance premiums, EMIs, or mutual fund SIPs, just allow one time payment, and the amount will be automatically deducted from your account on the due date. If you want, you can set the payment on daily, weekly, monthly or yearly basis. You will also get a reminder before every debit so you have complete control.
Balance of convenience and control
The biggest feature of UPI AutoPay is that it balances both convenience and control. If you wish, you can change, stop or cancel the mandate at any time from your UPI app. Every transaction takes place in the secure environment of UPI, so it is completely safe. This trust and flexibility is increasingly attracting people towards digital payments.
Budgeting made easy
If many of your bills arrive on different dates, it becomes difficult to manage them. UPI AutoPay makes all the payments on time on your behalf, so you do not have to worry about late fees or service interruption. With this you can also plan your monthly expenses better. Now most banks and UPI apps are offering AutoPay option on their homepage, so that you can see and track all the payments at one place.
A step towards cashless India
UPI AutoPay is not just a convenience, but a huge leap in India’s digital and organized financial system. Be it a gym membership, credit card bill or SIP investment, AutoPay ensures timely payment. As companies are adopting it, it is becoming the easiest and most reliable method of recurring payments.
Some common questions (FAQs)
Question: Is UPI AutoPay secure?
Answer: Yes, it is completely safe and regulated by NPCI. Every transaction takes place under the security protocols of UPI.
Question: Can I stop or change AutoPay?
Answer: Absolutely. You can change, stop or cancel AutoPay at any time from your UPI app.
Question: Which payments can be made through AutoPay?
Answer: You can make all regular payments like OTT subscription, EMI, SIP, insurance premium and electricity or mobile bill through AutoPay.