Manual management of recurring payments is time-consuming and prone to errors. It causes payment delays, customer drop-offs, and failed collections. Surepass UPI Autopay Solution solves this issue with automatic bill payment.

Benefits

• Flexible Scheduling Option: Easily set flexible payment intervals – daily, weekly, monthly, or fully customized cycles.
• Retry Logic: Automatically retries failed transactions to enhance success and help in timely collection.
• Support all major UPI Apps: This solution is designed to accept payment from most of the UPI Apps, such as BHIM, Paytm, and Google Pay.
• Regulatory Compliance: Ensure compliance with NPCI and RBI guidelines for secure and authorized recurring payments..
• Higher Success Rate: High success rate of recurring payments up to 40% over E-mandates and cards.
• Smooth UPI API Integration: It smoothly integrates with the existing system of business system.

Use Cases

• Lending/NBFCs: Banks and NBFCs can use this solution to automatically collect EMIs or loan repayments. Eliminate the need for manual reviews or failed payments.
• OTT Platforms: OTT Platforms can integrate this solution to enable smooth renewals for streamlining, SaaS, and other subscription-based businesses.
• Property and Rentals: Collect rent or lease payments automatically every month. It enhances cash flow and reduces payment delays.
• Insurance and Utilities: Automate premium collections, bill payments, and renewals. It confirms on-time payments without customer follow-ups.
• Fitness and Membership Programs: GYM and wellness center can use this solution for membership fee collection. It helps in maintaining an active membership.