UPI Autopay
Also called: UPI mandate, e-mandate on UPI
A feature of UPI, the instant bank-to-bank payment system used in India, that lets a payer approve a recurring debit once, so later installments are collected automatically up to an agreed limit without approving each one.
It does for UPI what a card on file does elsewhere, and for education it is what makes installment plans workable: the student approves once at checkout, and the second and third installments do not depend on anyone remembering a due date.
The mandate names a maximum amount and a frequency. A debit inside those terms goes through; a change outside them needs fresh approval, which is the protection the payer keeps.
For example
A student approves one mandate for up to ₹5,000 a month. The academy then debits ₹2,000 on the 5th for ten months without the student touching their phone again. Because the cap is ₹5,000 and not ₹2,000, the academy can also collect a one-off ₹1,500 exam fee under the same mandate — anything above ₹5,000 needs a fresh approval.
On Prolaud
For an academy on Razorpay, payment plans can collect later installments automatically by UPI Autopay or card e-mandate, or by emailed reminders if the academy prefers each one to be approved.
Related terms
- Payment gateway — The service that collects a payment from a buyer and settles it to a business's bank account, handling cards, wallets and local bank methods — Stripe, Razorpay, PayPal and PayU are examples.
- Payment plan — Letting a student pay for a course in several scheduled charges instead of one. The headline price does not change; the timing does.