Auto-Payment Of Bills, Subscriptions May Face Issues From April 1 Due to RBI Direction - Technical Abhishek | Top Tech News India

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    Home Top Tech News- News18.com Auto-Payment Of Bills, Subscriptions May Face Issues From April 1 Due to RBI Direction

    Auto-Payment Of Bills, Subscriptions May Face Issues From April 1 Due to RBI Direction

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    On December 4, RBI had directed all banks including RRBs, NBFCs, and payment gateways that the processing of recurring transactions (domestic or cross-border) using cards or Prepaid Payment Instruments (PPIs) or Unified Payments Interface (UPI) under arrangements/practices not compliant with AFA would not be continued beyond March 31, 2021.

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