NPCI launches UPI AutoPay feature for all recurring payments
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National Payments Corporation of India (NPCI) has launched UPI AutoPay, a new feature to ease the process of collection of recurring payments. The demand of channelising recurring payments was in the talks for a long time and today, the feature has been introduced officially. The move will ease the process of recurring payments, including paying premiums, subscription fees, SIPs and EMI.