Google Play introduces UPI Autopay payment to simplify recurring payments for subscription-based purchases in India
Nov 15, 2022, 13:41 IST
- Google introduced a new payment option - UPI Autopay.
- UPI Autopay helps customers make recurring payments using any UPI application that supports the feature.
- With this new payment option, Google Play will help consumers transact safely and seamlessly in more than 170 markets.
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Google announced that it is introducing UPI Autopay as a payment option for subscription-based purchases on Google Play in India. Introduced under UPI 2.0 by NPCI, UPI Autopay helps customers make recurring payments using any UPI application that supports the feature.
Saurabh Agarwal, Head of Google Play Retail & Payments Activation - India, Vietnam, Australia & New Zealand, said, “We are always looking at adding popular and effective forms of payment around the world to ensure people can pay for apps and in-app content conveniently. 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.”
According to Google, UPI Autopay makes setting up subscriptions easy. 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.
Earlier this year, Google said that from January 1, 2022, it would be unable to save customer card details like expiry date and card number. The change came from the Reserve Bank of India's new e-mandate policy.
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The platform has also been focused on removing complexities associated with finding and integrating local payments, including access to over 300 local payment methods supported in more than 60 countries.
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