From April 1, Expect Disruptions to These Types of Card Payments | Read

PUBLISHED ON: March 30, 2021 | Duration: 1 min, 57 sec

  
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Payments made automatically from your account for mobile, utility, and other bills as well as subscription charges for over-the-top (OTT) platforms are likely to be disrupted from April 1 because of a new Reserve Bank of India (RBI) rule. The rule, which requires additional authentication for recurring transactions using credit cards, debit cards, UPI, or other prepaid payment instruments (PPIs), could affect millions of customers.
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