4 ms·
FYI, American Express and Diners Club have already been banned from adding new customers in India due to the same thing. https://www.reuters.com/article/india-
by kyrra 5y ago
FYI, American Express and Diners Club have already been banned from adding new customers in India due to the same thing.
https://www.reuters.com/article/india-banking-american-express-idINKBN2CA26T https://www.reuters.com/article/india-banking-american-expre...
- vishnugupta 5y ago> the subscriptions are now required to be paid monthly by people I have a bunch of subscriptions (App Store, JetBrains, AWS etc.,) which continue to seamlessly go through without me having to explicitly authorise each month. I suspect there is a fine print/subtext to that subscriptions rule that isn't accessible to public.
- kyrra 5y agoSorry, I deleted that part of the comment as it didn't apply to this topic at hand. Multiple companies have dropped subscription support in india or changed things due to the recent RBI rules around mandates. https://gadgets.ndtv.com/apps/news/amazon-prime-membership-one-month-subscription-cancel-free-trial-discontinue-rbi-mandate-2442183 https://gadgets.ndtv.com/apps/news/amazon-prime-membership-o... https://help.ads.microsoft.com/#apex/ads/en/52003/3 https://help.ads.microsoft.com/#apex/ads/en/52003/3 EDIT: Another useful one: https://support.google.com/pay/india/answer/10710851?hl=en https://support.google.com/pay/india/answer/10710851?hl=en It looks like existing subscriptions were grandfathered until Sept 30, which is why you haven't seen a change. But new accounts cannot use subscriptions until the company has properly implemented e-mandates.
- vishnugupta 5y agoYou are right in that I haven’t seen any Indian merchants offer subscriptions anymore. And yes that e-mandate, I believe that UX is not ideal so there’s not much adoption. E-Mandates were launched as part of UPI 2.0 but there are hardly any merchant offering them. I wonder what’s holding them back besides bad UX. But I have a gut feeling that international merchants are exempted from this rule. Because I can go to JetBrains even now and subscribe to their products.
- r-w 5y agoThird paragraph from the bottom in the post you're literally commenting on :)