Those who pay online must read, rules are changing from October 1, now payment will be like this

By | September 29, 2021

Big news for online payment users. After the announcement of the Reserve Bank, it will no longer be easy to make auto payment of any bill from the bank or digital platform Debit Card, Credit Card and UPI. Now one has to ask permission from the customer before making any digital payment. This new rule is effective from 01 October. Now banks as well as digital platforms like Paytm and Google Pay will have to take permission from the customer before making auto payment of any installment or bill.

Now these platforms will not be able to deduct the bank account amount without permission. According to the guidelines issued by RBI in this regard earlier, the bank or digital platform will have to inform the customers by sending a message on the mobile phone 5 days before the date of payment.

Not only this, but these platforms have to inform the customer 24 hours before the payment. In the message sent to the customers, the date of payment, to whom the money is to be sent, all the information will have to be given.

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