Introduction
PhonePe Payment Gateway introduces UPI Autopay as a recurring payment feature within the standard checkout experience. Users can authorize recurring payments on a daily, weekly, monthly, or yearly basis through a one time UPI mandate. Once authorized, future payments are automatically debited without requiring repeated approvals, enabling a smooth and frictionless payment experience for Subscriptions and Services.
How It Works
Customers can now authorize recurring payments (daily, weekly, monthly, yearly, or as presented) via UPI. After the initial authorization, all future charges will be debited automatically without the need for repeat customer intervention.
Key Benefits for You
- Seamless Integration: Create UPI AutoPay mandates by directly integrating with your standard checkout flows, utilizing existing APIs or client side SDKs.
- Frictionless Payments: Offer your customers a smooth experience by automating future payments for subscriptions, leading to better retention.
- Flexible Checkout: You can continue to accept both one time payments and set up AutoPay mandates through Standard Checkout.
What’s Next?
Now that you are familiar with what Autopay feature offers, the next step is to look at the APIs that you will use to integrate them into your system to enable Autopay.