Page 8 - Additional Factor News Today

Amazon discontinuesone-month Prime subscription plan worth Rs 129, will no longer offerfree trial Amazon Prime will no longer free trials and a one-month subscription plan costing Rs 129 to comply with RBI guidelines. Ankita Chakravarti | May 15, 2021 | Updated 17:35 IST Reuters Highlights OTT platform Amazon Prime will not allow users to buy the one-month subscription plan worth Rs 129. The company has also discontinued the free Amazon Prime trial pack as well. The RBI has ordered banks and...

Amazon Prime Discontinues One-Month Subscription of Rs 129 and One-Month Free Trial There are currently only two plans available to new users: a three-month plan for Rs 329 and a yearly plan for Rs 999.   |  15 May 2021 2:02 PM GMT To comply with the Reserve Bank of Indias new guidelines, Amazon Prime users will no longer be able to buy the Rs 129 one-month subscription plan, and the company will also discontinue the free Amazon Prime trial pack. To process recurring online transactions, the...

Highlights Mandate on recurring transactions. Additional Factor of Authentication for banks. New Delhi: The Reserve Bank of India (RBI) has extended the timeline regarding auto-debit payments for utility bills and over-the-top (OTT) subscriptions by six RBI had directed all banks including RRBs, NBFCs, and payment gateways to comply with AFA for automatic recurring payment by March 31, 2021, which the central bank has now deferred it till September 30.  The deadline on RBIs new rule on additio...

340 New Delhi The government on Wednesday extended the deadline for linking PAN with biometric Aadhaar by three months till June 30.The Income Tax Department said it had received representations from tax-payers that the last date for intimating the Aadhaar number may further be extended in the wake of the ongoing Covid-19 pandemic. PTI Mumbai Recurring transactions: RBI extends timeline The RBI on Wednesday extended the timeline by six months to comply with its guidelines related to recurring o...

The primary objective of the framework is to protect customers from fraudulent transactions and enhance customer convenience

Recurring payments deadline extended at IBA’s request Under the August 2019 policy, the RBI mandated banks and payment companies to introduce a pre-transaction notification before auto-debiting a customers’ account via their debit or credit cards, digital wallets or the Unified Payments Interface. It also mandated companies to issue a post-transaction notification for recurring transactions, an option to withdraw the e-mandate and set up a dispute or grievance redressal mechanism for the sa...

Study reveals frustration could be an additional factor of addiction ANI | Updated: Mar 04, 2021 09:03 IST Washington [US], March 4 (ANI): A new study focused has found that frustration could be an additional factor in substance use disorders. The findings of the study were published in the journal Psychopharmacology. A team from The University of Texas Medical Branch at Galveston (UTMB), which focused on drug addiction research, has pioneered a new way to...