MUMBAI :
The Nationwide Funds Company of India (NPCI) on Monday stated that unified funds interface (UPI) autopay is now reside on SonyLIV, a premium video-on-demand service by Sony Photos Networks.
“Tens of millions of SonyLIV prospects can now set standing directions for his or her recurring subscription funds utilizing UPI Autopay and revel in a hassle-free content material viewing expertise. Now the SonyLIV customers can get pleasure from premium streaming with out having to recollect the subscription renewal date,” it stated.
In keeping with NPCI, with UPI Autopay, the subscription plan opted by the customers can be auto renewed on the set date. For subscription quantities as much as ₹5,000, prospects don’t even need to enter the UPI pin on the execution of the mandate. They’ll additionally modify, pause in addition to take away the auto-debit mandate for his or her subscriptions via UPI Autopay, it stated, including that mandates may be set for one-time, each day, weekly, fortnightly, month-to-month, bi-monthly, quarterly, half-yearly, and yearly.
Kunal Kalawatia, chief of merchandise at NPCI stated, “We’re glad to combine UPI Autopay on SonyLIV. In current occasions, viewers are more and more turning to over-the-top (OTT) streaming platforms for leisure and the introduction of UPI Autopay on SonyLIV will drive a beneficial buyer sentiment about seamless and automatic recurring funds. With UPI Autopay, it’s our fixed endeavour at NPCI to offer an additional layer of consolation and comfort to all the purchasers for his or her recurring spends and funds.”
Supply: Live Mint