Lessons for RBI from its mandate that made recurring payments a nightmare

Subscription services, and firms dependent on recurring transactions for subscription revenues, were badly hit. Easy exits for consumers locked into unhelpful subscriptions shouldn’t be RBI’s remit. Central bank must focus on monetary policy, stabilising the financial system and making payment systems better

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​ Subscription services, and firms dependent on recurring transactions for subscription revenues, were badly hit. Easy exits for consumers locked into unhelpful subscriptions shouldn’t be RBI’s remit. Central bank must focus on monetary policy, stabilising the financial system and making payment systems better Subscription services, and firms dependent on recurring transactions for subscription revenues, were badly hit. Easy exits for consumers locked into unhelpful subscriptions shouldn’t be RBI’s remit. Central bank must focus on monetary policy, stabilising the financial system and making payment systems better  Moneycontrol Latest News Read More  

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