NPCI CEO Pitches UPI Autopay for Elon Musk’s Premium Twitter Blue Service

Even as a debate rages about Twitter’s resolution to cost customers for ‘blue ticks’, the NPCI has pitched its UPI autopay providing to care for the month-to-month funds. National Payments Corporation of India (NPCI) managing director and chief govt Dilip Asbe replied to a tweet by billionaire Musk, saying UPI’s recurring funds providing already has 7 million customers. “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 website as properly.

“To all complainers, please continue complaining, but it will cost $8, (roughly Rs. 660)” Musk mentioned in a tweet on Tuesday.

The NPCI-operated Unified Payments Interface (UPI) has been on the centre of the Indian digital funds story and has taken the digital fee various to newer highs.

Twitter has been giving the ‘blue tick’ to public figures and identified figures for a few years now. The change of possession had first led to hypothesis over a month-to-month price of $20 (roughly Rs. 1,650) for the coveted presence, and later confirmed at $8 by Musk himself.

Musk blasted the ‘present lords and peasants system for who has or does not have a blue checkmark’, utilizing an expletive.

“Power to the people! Blue for $8 per month,” he tweeted including that the value is adjusted by nation proportionate to buying energy parity.

With that worth, he mentioned, customers can even get precedence in replies, mentions, and searches, which he mentioned is crucial to defeating spam/scams, in addition to the flexibility to put up lengthy video and audio, half as many adverts, and paywall bypass for publishers keen to work with the social media firm.

He mentioned the month-to-month funds from customers for the blue tick can even give Twitter a income stream to reward content material creators.