Introduced under UPI 2.0 by National Payments Corporation of India, Autopay helps customers make recurring payments using any UPI application that supports the feature. UPI as a payment option has been available on Google Playstore since 2019.
“With the introduction of UPI Autopay on the platform, we aim to extend the convenience of UPI to subscription-based purchases, helping many more people access helpful and delightful services – while enabling local developers to grow their subscription-based businesses on Google Play,” said Saurabh Agarwal, head of Google Play Retail & Payments Activation - India, Vietnam, Australia & New Zealand.
UPI Autopay makes setting up subscriptions easy, said the company in a blog post. After selecting a subscription plan for purchase, users need to simply tap on the payment method in the cart, select “Pay with UPI”, and then approve the purchase in their supported UPI app.
A few weeks back Google was fined by India’s anti-competitive authority for not allowing third-party payments processing services for developers. The Competition Commission of India issued a fine of Rs 937 crore and an immediate cease-and-desist of the company’s business m