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UPI Autopay volume doubles in a year, NPCI launches portal for e-mandate management
The Economic Times· 2025-12-25 10:21
According to data from the Historically, recurring payment mandates were either taken via netbanking or debit cards. With UPI offering such mandates as well, all the large payment applications now offer this. And given the popularity of UPI, this is picking up pace.For the top 10 banks in November 2025, around 926 million transactions were processed via UPI Autopay, up from 530.5 million in November 2024. While the composition of banks has changed, the overall volume growth shows a significant uptick.Among ...