India’s subscription economy is crawling back to cards for recurring payments, as businesses and customers grow weary of UPI’s AutoPay feature hitting failure rates of up to 90%. August data from the National Payments Corporation of India, which runs the Unified Payments Interface for realtime bank transfers, indicate that 55-90% of automated payments across public and private banks on UPI AutoPay didn’t go through during the month. The high failure rate was largely because of factors such as insufficien ...