This move by RBI can take growth in recurring payment mandates off the charts even though there might be disruptions in the short term, said Shashank Kumar, Razorpay chief technology officer and co-founder.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/recurring-card-payments-to-be-affected-as-new-credit-debit-card-rules-kick-in-from-october-1/articleshow/86552869.cms
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