Sunday, November 24, 2024

Auto debit rule: New deadline is September 30

Thursday, April 1, 2021, 0:15
This news item was posted in Business category and has 0 Comments so far.

In August 2019, RBI had issued a framework for processing of e-mandates on recurring online transactions. Initially applicable to cards and wallets, the framework was extended in January 2020 to cover Unified Payments Interface (UPI) transactions as well.

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