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National Payments Corporation of India (NPCI) has announced that UPI AUTOPAY is now live on the streaming platform SonyLIV.
Millions of SonyLIV customers can now set standing instructions for their recurring subscription payments using UPI AUTOPAY and enjoy a hassle-free content viewing experience.
The SonyLIV users can enjoy premium streaming without having to remember the subscription renewal date.
With UPI AUTOPAY the subscription plan opted by the users would be auto renewed on the set date. For subscription amounts up to INR 5000, customers do not even have to enter the UPI PIN on the execution of the mandate, the company said in a statement.
They can also modify, pause as well as remove the auto-debit mandate for their subscriptions through UPI AUTOPAY. The mandates can be set for one-time, daily, weekly, fortnightly, monthly, bi-monthly, quarterly, half-yearly, and yearly, tailored to suit the custom needs of the users.
Commenting on the launch, Kunal Kalawatia, Chief of Products, NPCI said, “We are glad to integrate UPI AUTOPAY on SonyLIV. In recent times, viewers are increasingly turning to over-the-top (OTT) streaming platforms for entertainment and the introduction of UPI AUTOPAY on SonyLIV will drive a favorable customer sentiment about seamless and automated recurring payments. With UPI AUTOPAY, it’s our constant endeavor at NPCI to provide an extra layer of comfort and convenience to all the customers for their recurring spends and payments.”
UPI AUTOPAY augments the customer’s convenience and safety by eliminating the need for them to recollect multiple payment dates and perform manual payments. With Razorpay as the payment aggregator, SonyLIV customers would witness a smooth and comfortable transaction experience.
