NPCI CEO pitches UPI autopay after Musk demands fee for blue ticks

Even as a debate rages about Twitter’s decision to charge users for ‘blue ticks’, the NPCI has pitched its UPI autopay offering to take care of the monthly payments.

National Payments Corporation of India (NPCI) managing director and chief executive Dilip Asbe replied to a tweet by billionaire Musk, saying the UPI’s recurring payments offering already has 7 million users.

“No worries, India has UPI AutoPay (7 Mn new approved collection mandates/month) to collect every anytime/month/quarter or yearly as you wish dear Twitter,” Asbe wrote in response to Musk’s tweet, tagging the microblogging site as well.

“To all complainers, please continue complaining, but it will cost USD 8,” Musk said in a tweet.