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National Payments Corporation of India (NPCI) has introduced a new UPI AutoPay (UPI 2.0) feature in India to make online payments easier. This facility allows customers to schedule an e-transaction for cyclical payments up to Rs 2000. For recurring payments of more than Rs 2,000 on the UPI platform, customers have to execute every transaction with the UPI PIN. This UPI AutoPay feature can be used for expenses such as mobile bills, mutual fund and loan payments, recurring / metro payments, EMI payments, insurance, electricity bills, entertainment / OTT subscriptions, and many other online transactions.
