Recurring Card Payments to be Hit from 1st October
About this episode
Some cardholders might see standing instructions for payment on their credit card fail from next month. These could be for subscriptions with online content platforms, edtech companies or standing instructions for online advertisement payments. Some of these merchants are yet to comply with RBI’s new requirement of additional factor authentication (OTP) for recurring payments through cards though the deadline is less than a week away. In this episode I am discussing impact of RBI Directive and way going forward.
Get every episode summarized
Each time MoneyShiksha with Brijesh publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from MoneyShiksha with Brijesh
You're Investing. But Are You Actually Getting Richer
MoneyShiksha with Brijesh
Why Most People Are Over Investing... and Under Planning
MoneyShiksha with Brijesh
Why Financial Freedom Is Not About a Number
MoneyShiksha with Brijesh
Why Intelligence Doesn't Guarantee Financial Success
MoneyShiksha with Brijesh