NPCI reportedly plans UPI AutoPay mandate portability across apps
NPCI is reportedly preparing interoperability for UPI AutoPay, enabling customers and merchants to move recurring-payment mandates between apps, payment gateways and acquiring banks. The proposal could reduce switching friction for merchants and boost competition among smaller UPI apps.
What happened
NPCI is reportedly preparing UPI AutoPay interoperability, allowing customers and merchants to port recurring-payment mandates across apps, gateways and
Key facts
- 1.8 Bn UPI e-mandate transactions processed by top 10 banks in July 2026
- 585 Mn UPI e-mandate transactions in the year-ago period
- 23.66 Bn UPI transactions worth ₹29.88 Lakh Cr in July 2026
Why this matters
Prioritize partnerships or acquisitions in mandate-management, merchant migration and recurring-payments orchestration to capture demand created by interoperable AutoPay switching.
What to watch
- NPCI circular, consultation paper or product specifications defining mandate-transfer flows.
- Whether portability requires fresh customer authentication or supports transfer through standardized consent.
- Scope by use case, including SIPs, insurance premiums, utility bills, OTT subscriptions, loan repayments and merchant subscriptions.
- Allocation of fraud, chargeback, failure and dispute liability among the originating app, destination app, gateway, acquirer and bank.
- Adoption commitments from major UPI apps, acquiring banks and leading payment gateways.
- Merchant pricing changes, gateway switching offers and any rise in multi-acquirer deployments.
- RBI guidance on recurring-payment consent, data sharing and customer-protection requirements.
- Payment gateways and acquirers should map recurring UPI mandate volumes, portability-sensitive merchant cohorts and likely churn exposure.
- Smaller UPI apps should build mandate-management, subscription reminders and migration-assisted onboarding features before standards are finalized.
- Large UPI apps and banks should strengthen retention through reliability, customer support, rewards and merchant analytics rather than relying on mandate stickiness.
- Subscription merchants should negotiate portability, reconciliation and service-level commitments into gateway and acquirer contracts.
- Fintech infrastructure vendors should prepare APIs for mandate discovery, consent capture, transfer status, exception handling and audit trails.
Also reported by
- Inc42 — Same time