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FastSpring is expanding its global payment coverage with UPI AutoPay, India’s first mass-market recurring payment mandate. With native support across 600+ banks, UPI Autopay taps directly into a subscription economy projected to reach $350B.
With this addition, FastSpring introduces the capability to offer India’s 350M+ active UPI users a one-time mandate setup, completed inside the UPI app they already use daily. Every subsequent charge processes automatically, no re-authentication required.
Why UPI AutoPay Changes the India Equation
- India Is Now Open for Subscriptions: India has historically been a one-time-payment market, not for lack of demand, but lack of infrastructure. UPI AutoPay changes that. With native support across 600+ banks, buyers can access the payment method that runs Indian commerce rather than working around it.
- Predictable Recurring Revenue: Once a customer authorizes a mandate, recurring charges happen automatically within the RBI-set limit of up to ₹15,000 per transaction. Price monthly, weekly, or usage-based with the same confidence you have in mature markets.
- Fewer Failed Charges: UPI AutoPay allows international sellers to avoid cross-border payments entirely. No international transaction filters, no failed charges from low card penetration, no expired card problem. Recurring billing works the way it’s supposed to.
- Control That Builds Trust: Indian consumers don’t want to trade control for convenience, and UPI AutoPay gives them both. A central dashboard inside their existing UPI app lets users view, modify, or pause mandates at any time. That transparency is what converts a one-time buyer into a long-term subscriber.
This latest release follows other payment method expansion in the last year with the additions of Pix Automático and Hipercard in Brazil, Toss Pay in Korea, and much more.
Ready to capture recurring revenue in India? Listen to our Growth Stage podcast on emerging market growth. Or, explore FastSpring’s full list of supported global payment methods. Schedule a demo with our global payment specialists to learn how FastSpring can help you expand in India and beyond.
