GK Question

technology medium mcq

Which UPI feature allows recurring payments for subscriptions?

  1. UPI Lite
  2. UPI AutoPay
  3. UPI International
  4. UPI QR

Answer: UPI AutoPay

UPI AutoPay enables mandate-based recurring payments for subscriptions (OTT, utilities, mutual funds). Users set amount, frequency, and validity; payments execute automatically without manual intervention each time. Enhances convenience while maintaining security with transaction limits and notifications.

Topic Digital Payments
Exam Relevance Banking, SSC, Railway