{"id":41966,"date":"2023-03-21T12:41:28","date_gmt":"2023-03-21T07:11:28","guid":{"rendered":"http:\/\/finservwealth.com\/lessons-for-rbi-from-its-mandate-that-made-recurring-payments-a-nightmare\/"},"modified":"2023-03-21T12:41:28","modified_gmt":"2023-03-21T07:11:28","slug":"lessons-for-rbi-from-its-mandate-that-made-recurring-payments-a-nightmare","status":"publish","type":"post","link":"https:\/\/finservwealth.com\/hi\/lessons-for-rbi-from-its-mandate-that-made-recurring-payments-a-nightmare\/","title":{"rendered":"Lessons for RBI from its mandate that made recurring payments a nightmare"},"content":{"rendered":"<p> Subscription services, and firms dependent on recurring transactions for subscription revenues, were badly hit. Easy exits for consumers locked into unhelpful subscriptions shouldn\u00e2\u20ac\u2122t be RBI\u00e2\u20ac\u2122s remit. Central bank must focus on monetary policy, stabilising the financial system and making payment systems better<\/p><div id=\"finse-2678657062\" class=\"finse-content finse-entity-placement\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-9118214110898834\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-9118214110898834\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/lessons-for-rbiits-mandate-that-made-recurring-paymentsnightmare_16934271.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0Subscription services, and firms dependent on recurring transactions for subscription revenues, were badly hit. Easy exits for consumers locked into unhelpful subscriptions shouldn\u00e2\u20ac\u2122t be RBI\u00e2\u20ac\u2122s 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\u00e2\u20ac\u2122t be RBI\u00e2\u20ac\u2122s remit. Central bank must focus on monetary policy, stabilising the financial system and making payment systems better\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/lessons-for-rbiits-mandate-that-made-recurring-paymentsnightmare_16934271.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p> Subscription services, and firms dependent on recurring transactions for subscription revenues, were badly hit. Easy exits for consumers locked into unhelpful subscriptions shouldn\u00e2\u20ac\u2122t be RBI\u00e2\u20ac\u2122s remit. Central bank must focus on monetary policy, stabilising the financial system and making payment systems better<\/p>\n<p><a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/lessons-for-rbiits-mandate-that-made-recurring-paymentsnightmare_16934271.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>\n<p>\u200b\u00a0Subscription services, and firms dependent on recurring transactions for subscription revenues, were badly hit. Easy exits for consumers locked into unhelpful subscriptions shouldn\u00e2\u20ac\u2122t be RBI\u00e2\u20ac\u2122s 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\u00e2\u20ac\u2122t be RBI\u00e2\u20ac\u2122s remit. Central bank must focus on monetary policy, stabilising the financial system and making payment systems better\u00a0\u00a0Moneycontrol Latest News\u00a0<a href=\"https:\/\/www.moneycontrol.com\/news\/economy\/lessons-for-rbiits-mandate-that-made-recurring-paymentsnightmare_16934271.html\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a>\u00a0\u00a0<\/p>\n<p><!-- \/wp:html --> Subscription services, and firms dependent on recurring transactions for subscription revenues, were badly hit. Easy exits for consumers locked into unhelpful subscriptions shouldn\u00e2\u20ac\u2122t be RBI\u00e2\u20ac\u2122s remit. Central bank must focus on monetary policy, stabilising the financial system and making payment systems better<\/p>","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[70],"tags":[],"class_list":["post-41966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"jetpack_featured_media_url":"https:\/\/www.moneycontrol.com\/news_image_files\/2021\/200x200\/R\/RBI_shutterstock_1686527644_200.jpg","_links":{"self":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/41966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/comments?post=41966"}],"version-history":[{"count":0,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/posts\/41966\/revisions"}],"wp:attachment":[{"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/media?parent=41966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/categories?post=41966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finservwealth.com\/hi\/wp-json\/wp\/v2\/tags?post=41966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}