Meaning and Definition
UPI AutoPay is a feature that allows users to set up recurring payments through UPI. It’s useful for subscriptions, bills, and EMIs.
How It Works
Users can approve a UPI Mandate once, and the amount is automatically deducted on the scheduled date without needing manual approval every time.
Key Benefits
- Saves time on monthly bills
- Fully automated with reminders
- Can be canceled anytime via UPI apps
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