The National Payments Corporation of India (NPCI) on February 21, 2024, issued a circular regarding the introduction of the payment mode ‘UPI Autopay’ for BBPS Payments.
The following has been stated: -
•The BBPOUs are informed about the introduction of the new payment mode i.e. “UPI Autopay”.
•The payment mode will be accepted across all fetch-enabled billers where UPI is accepted.
•UPI Autopay is a feature that allows customers to register an e-mandate using any UPI application for making recurring bill payments viz. mobile bills, electricity bills, EMI payments, insurance, mutual funds (SIPs), etc.
•The BBPOUs are advised to facilitate UPI Autopay as a new payment mode on their front-end screens by April 30, 2024.
The API specifications are attached in the annexure for reference along with this circular.
[Circular No. NPCI /2023-24/BBPS/025]
