NPCI notified regarding the Introduction of Auto Top-up on UPI LITE

Sep 18, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe National Payments Corporation of India (NPCI) on August 27, 2024, issued the notification regarding the Introduction of Auto Top-up on UPI LITE.

The following has been stated namely: -

• Issuer banks live on UPI LITE shall support the functionality of Auto Top-up on UPI LITE wherein the banks should allow the creation of UPI LITE mandate and allow debits whenever the request comes from the PSP/App.

• UPI Apps shall support the necessary functionality and interface on their App for the customer to use Auto Top-up on UPI LITE.

• Members shall ensure that the mandate created successfully is executed successfully. 

• PSP/Apps shall put necessary controls to limit the number of auto-replenishment transactions to 5 per day per LITE account.

The feature and changes are to be enabled by October 31, 2024.

[Notification No. NPCI/UPI/OC No. 205/2024-25]


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