We indians needn't worry and can thank RBI (India's banking and finance regulator) for protecting our consumer rights: > In accordance with the new rules, merc

We indians needn't worry and can thank RBI (India's banking and finance regulator) for protecting our consumer rights: > In accordance with the new rules, merchants like Apple have to set up an e-mandate for customer cards. Customers are also required to use two-factor authentication and set up a fresh e-mandate for recurring payments. The rules also require customers to give their consent each time they need to pay a subsequent payment of above Rs 5,000. > The RBI’s auto-debit rules had kicked in from October 1, 2021, where it had stipulated that there will be no automatic recurring payment for various services like utility bills, phone recharge, DTH, etc. and additional factor of authentication (AFA) became mandatory. Source: Apple stops accepting debit, credit cards for payments in India - https://www.thenewsminute.com/article/apple-stops-accepting-debit-credit-cards-payments-india-163630 https://www.thenewsminute.com/article/apple-stops-accepting-...