Question 1

How is subscription payment different from regular payment collect?

Accepted Answer

In subscription payments, businesses collect payments in an on-going basis either monthly or annually in exchange for products or services. Common usecases of subscription payments include monthly payments of rents, EMIs, insurance premiums, OTT viewing, utility bills etc.

In a regular payment collection, a business collects a one-time amount from the customer in exchange for product or service.

Question 2

Why should businesses adopt subscription payments?

Accepted Answer

Subscriptions make it easy for businesses to collect recurring payments from customers with features such as auto-debit, different billing models, multiple payment modes etc.

Question 3

What are recurring payments?

Accepted Answer

Recurring payments is a billing model wherein a customer authorises a business to collect payments from their account on an on-going basis in exchange for a product or service. The customer only provides a one-time authorisation to permit the business to directly debit the recurring amount from their account. The payment cycle lasts till the subscription expries or till the customer sends a request to stop.

Question 4

Which payment instruments can be used for making recurring payments?

Accepted Answer

The following payment instruments can be used for recurring payments:

UPI: Autopay via popular UPI apps like PhonePe, Google Pay, Paytm, BHIM UPI, Amazon Pay and etc. live across 159 banks including HDFC, ICICI, SBI, Yes Bank, Axis Bank, etc.

Nach or eMandate: 63 banks including HDFC, ICICI, SBI, Citi, Kotak Mahindra, Yes Bank, Axis Bank, HSBC.

Question 5

What is the maximum amount per debit request on UPI AutoPay?

Accepted Answer

The maximum amount per debit allowed for UPI AutoPay is ₹15,000.

Question 6

What are the various payment methods supported by Subscriptions?

Accepted Answer

Plural supports credit cards and debit cards, eMandate and UPI apps.

A Subscriptions Payment
Solution Built for Indian
Businesses

What Makes Plural’s Subscription Solution Unique?

Plural Subscriptions to Support Every Payment Method

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Plural Subscriptions

Auto-authentication

Update subscriptions

Transaction processing

Free trial period

Plural Subscriptions Ideal for Various Industries

eCommerce

Rental Services

SaaS

BFSI

Utility Bill Payments

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Frequently Asked Questions

How is subscription payment different from regular payment collect?

Why should businesses adopt subscription payments?

What are recurring payments?

Which payment instruments can be used for making recurring payments?

What is the maximum amount per debit request on UPI AutoPay?

What are the various payment methods supported by Subscriptions?

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A Subscriptions Payment Solution Built for IndianBusinesses