Autodebit

Image Source : PTI RBI hikes OTP mandate limit for auto-debit recurring payments upto Rs 15,000 HighlightsRBI had in 2019 first introduced the rule for processing recurring payments The latest decision means that customers will no…

New Delhi: Apple App Store has stopped accepting credit and debit cards in India for buying apps and subscribing to services as a result of the new auto-debit guidelines from Reserve Bank of India. The only options at present include net…

Jio's integration with UPI AUTOPAY has made it the first player in the telecom industry to go live with the unique e-mandate feature that was launched by NPCI.Jio's integration with UPI AUTOPAY has made it the first player in the telecom…

Jio users can now set standing instructions for auto-debit for their tariff plans through UPI after a tie-up between the telecom player and NPCI. National Payments Corporation of India (NPCI) and Jio…

The Reserve Bank of India's new rules for recurring payments have adversely affected India's subscription economy from consumers, small businesses, international subscriptions, and even internet giants such as Amazon, Netflix and Google.…

The Reserve Bank of India (RBI) imposed new auto-debit guidelines, which go into effect on Friday, to improve the safety and security of card transactions. According to the RBI's regulation, there will be no automated recurring payments for…

NEW DELHI: India's top banks have been sending emails and coordinating with customers, ahead of the Reserve Bank of India's (RBI) mandatory changes on auto-debit rules from October 1. Sources said, banks last week asked for more time from…

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From October 1, the Reserve Bank of India (RBI) mandated changes in the auto debit rule will come into effect. The change is particularly important for customers who use debit card for their recurring transactions.After the changes, all…

With the beginning of a new calendar month on October 1, a number of changes will take effect. There have been some major changes in only five days that you should keep an eye on to avoid any unwanted obstacles and to be readily prepared.…