JIO Becomes First telecom company To Roll Out UPI AUTOPAY
Telecom major Reliance Jio announced rolling out UPI AUTOPAY feature for both its prepaid and postpaid users in partnership with the National Payments Corporation of India (NPCI). Jio’s integration with UPI AUTOPAY has made it the first player in the telecom industry to go live with the unique e-mandate feature that was launched by NPCI.
Using the UPI AutoPay launched by NPCI, customers can now enable recurring e-mandate using any UPI application for recurring payments such as mobile bills, electricity bills, EMI payments, entertainment/OTT subscriptions, insurance, mutual funds among others.