NPCI plans unified e-mandate tracking for all UPI apps
Synopsis The Payments Corporation of India is set to unify UPI e-mandate management for all third-party apps, allowing users to view subscriptions in one place
Synopsis The Payments Corporation of India is set to unify UPI e-mandate management for all third-party apps, allowing users to view subscriptions in one place. While viewing will be centralised, cancellations will still require visiting the original booking app. This move aims to simplify the rapidly growing UPI AutoPay feature, which has seen a threefold increase in transactions, despite ongoing challenges with transaction declines.
The BriefWire