How to Enable Recurring UPI Payments for Forex & Trading Platforms
In the age of subscription and automation, UPI Autopay is a game-changer — even for high-risk sectors like forex trading, gaming top-ups, and investment platforms.
With PlusPe’s UPI Autopay support, you can now offer frictionless recurring billing — while staying fully RBI-compliant.
💡 What Is UPI Autopay?
UPI Autopay enables:
- Pre-approved recurring mandates
- For daily, weekly, monthly, or custom cycles
- Without manual UPI approval each time
Customers approve the first transaction via UPI PIN, and all future payments follow automatically.
🔍 Use Cases for High-Risk Platforms
- Forex wallet top-ups (₹5,000 every month)
- Trading subscriptions (₹999 monthly plans)
- Gaming pass renewals
- Signal & advisory platforms
Instead of manual top-ups or failed reminders, use UPI Autopay for seamless user retention.
🛠️ How to Set It Up with PlusPe
Step 1: Merchant Onboarding
- KYC approval with relevant MCC
- UPI Autopay enabled for wallet/UPI flow
Step 2: Mandate Creation
- API call to create customer mandate
- UPI PIN input through app or UPI apps
Step 3: Recurring Debits
- Amount auto-debited as per schedule
- Dashboard and webhook status for tracking
✅ RBI-Compliant Parameters
- Mandate amount cap
- Customer consent & notification
- Pause, modify, cancel options
- UPI apps that support mandates: Paytm, GPay, PhonePe, etc.
🔐 Security Layers
- AES-encrypted mandate tokens
- OTP & PIN at initial sign-up
- Re-verification every 6 months
- Whitelisted by PSP banks
Internal Links You Can Add
- Enable INR to USD Payments for Indian Apps
- UPI Payment Challenges in Gaming & Forex Sectors
- How PlusPe Onboards High-Risk Merchants Quickly
Final Thoughts: Set It and Forget It
Recurring billing isn’t just for Netflix. High-risk platforms can now benefit from frictionless UPI automation.
⚙️ Enable UPI Autopay Today
Talk to PlusPe to activate your recurring flow and boost lifetime value.
