UPI AutoPay: A New Payment Revolution or Just a Feature?
In today’s rapidly evolving digital landscape, recurring payments have become an integral part of our daily lives, encompassing everything from subscriptions and investments to loan repayments and bill settlements. The introduction of UPI AutoPay has ushered in a new era of convenience, allowing both merchants and customers to navigate these recurring transactions with greater ease.
This report aims to explore the potential of UPI AutoPay to revolutionize recurring payments in India. By analyzing data gathered from merchant surveys and LinkedIn polls, we aim to uncover the challenges and opportunities associated with UPI AutoPay adoption.
Our findings will shed light on the following key questions:
- How is UPI AutoPay impacting customer retention and satisfaction?
- What are the primary challenges hindering wider adoption?
- How can merchants and policymakers work together to enhance the UPI AutoPay experience?
- Can UPI AutoPay truly transform the recurring payments landscape in India?
