RBI’s New Rules for Auto-Debit Unwittingly Threaten Digital Journalism
October 31, 2021 15:31From October 1, internet users in India must manually renew all their subscription-based services such as phone bills, OTT platform subscriptions and systematic investment plans, among other services. This is a consequence of the Reserve Bank of India’s (RBI) new rules on auto-debit transactions that prevent merchants from automatically charging customers’ credit and debit cards […]