It’s finally here! We’re calling this feature ‘Auto-Pay’. Similar to Standing Instructions. Soon, we’ll be able to set similar mandates for recurring bank transfers or debit card payments.
Live on April 18th, 2022.
Note: We can only set Auto-Pay for Bank transfers and Debit card payments as of now. Coming soon for UPI.
Here are some sneak peeks
For Bank transfers, this is an example of an option to set an Auto-Pay. You can edit the amount and set repeat dates + notes.
You can cancel these Auto-Pay settings as well.
To locate this feature, you can head over to the payments tab, quick links, Manage Auto-Pay.
For Debit Card:
That’s what the payment request would look like.
You can view all your Auto-Pay merchants/Payees on one screen. You can check out the payment history as well.
Oh? What’s this? Rewards for Debit Card Auto-Pay?
You’ll be able to find Auto-Pay in the card settings. You can even pause/resume your payments.
Note: We’re still setting this up for the top merchants like Netflix, Prime, Spotify, Hotstar, etc. You won’t be able to set an Auto-Pay for these yet. This is WIP.
Currently, this works for a set of merchants. More will be added.
More are getting added every 15 days.
That’s all for the sneak peeks! This should be rolling out soon. Let us know your thoughts