Reserve Bank of India auto debit rule – a mandated trouble for banks, how can they get around it?
Forrester eCommerce
DECEMBER 1, 2021
In India, the subscription business with recurring payments was gaining traction due to its all-in-one bundle offering – Convenience, Choice, and Consent – until a major change in the Auto Debit option took effect on October 1, when the Reserve Bank of India issued a framework for how businesses and banks must handle recurring credit […]. (..)
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