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Amazon discontinues one-month Prime subscription plan worth Rs 129, will no longer offer free trial
Amazon Prime will no longer free trials and a one-month subscription plan costing Rs 129 to comply with RBI guidelines.
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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 financial institutions to add a factor of authentication to process recurring online transactions.
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. This has been done to comply with the Reserve Bank of India’s new guidelines. The RBI has ordered banks and financial institutions to add a factor of authentication to process recurring online transactions. The deadline for the same Is September 30.
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 financial institutions to add a factor of authentication to process recurring online transactions.
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. This has been done to comply with the Reserve Bank of India s new guidelines. The RBI has ordered banks and financial institutions to add a factor of authentication to process recurring online transactions. The dead
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 India s 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 RBI has directed banks and financial institutions to add a factor of authentication with the deadline on September 30th.
Owing to the banks inability to process any new requests for electronic payments on your credit/debit cards, Amazon has updated its FAQ page to state that these arrangements will be discontinued.