What is UPI AutoPay? UPI AutoPay is a component that allows customers to empower ecommands using any UPI application, including recurring bills, electricity charges, EMI installments, security, shared assets among others. without entering a PIN. The UPI AutoPay highlight benefits both clients and shippers as UPI orders are generated instantly and installments are deducted naturally on the approved date. A business can set commands for recurring installments once, every day, week after week, fortnightly, month to month, every other month, quarterly, half-yearly and yearly. How does UPI Autopay work? A merchant who needs to offer frequent installments through UPI Autopay needs to enroll with a repeat installment specialist organization like Cashfree which supports UPI Autopay. The Shipper may give the option to the Client to generate e-commands through UPI ID, QR Sweep or Intent. On receipt of the e-order approval demand, the customer can open a UPI application, go to the command area, survey the command details, select the bank/cheque card and select UPI to approve the e-order Can enter PIN. When the customer validates, the financial balance linked to the UPI ID will be automatically charged and the amount will flow into the merchant's record as per the normal installment terms.
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