Google Pay, PhonePe to soon offer auto debit through UPI

PhonePe and Google Pay are working with the National Payments Corporation of India (NPCI) to offer recurring payment mandates to their users.

The move will enable a large number of customers to opt for the auto-debit facility for monthly payments such as electricity bills, mobile phone bills, EMIs, media subscriptions, and insurance premiums through these applications.

For the auto-debit feature, users will need to authenticate the mandate once through a pin and after that, depending on the period chosen, the transactions will be processed regularly.

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