Amazon Prime Rs12 9 Monthly Plan is back, but there’s a warning: all the details are here

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Amazon Prime monthly subscription costs Rs 129.

Amazon’s Terms of Service page states that a monthly Rs 129 prime subscription can be purchased through a bank that complies with RBI’s e-mandate guidelines.

  • News18.com
  • Last updated:October 9, 2021 10:49 IST
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Amazon has regained that month Prime Subscription in India.Monthly plan Amazon Prime was removed earlier this year after new guidelines from Reserve Bank of India We asked for the implementation of additional verification factors (AFA) for recurring online payments. Until now, Amazon has only offered Prime’s three-month and annual plans. Amazon Prime’s monthly plan costs Rs 129. However, there are some caveats that cannot all be purchased electronically.

The e-commerce giant currently lists three subscription options for prime subscriptions-annual plan of 999 rupees, 3-month plan of 329 rupees, monthly plan of 129 rupees. If you purchase via Amazon through all electronic payment methods, the Rs 129 plan can only be purchased through your credit card or some debit cards.

Amazon’s Terms of Service page states that a monthly Rs 129 prime subscription can be purchased through a bank that complies with RBI’s e-mandate guidelines. Banks that do not comply with RBI guidelines may not be able to process automatic payment requests. Due to these guidelines, Amazon has stopped following the sign-up of new members to the Amazon Prime Free Trial until notified.

RBI Mandate requires banks to deploy a one-time AFA for recurring payments worth up to Rs 5,000. The above transactions require an AFA for each payment. The new guidelines were first introduced in 2019 and came into force on October 1st, after some delays.

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Amazon Prime Rs12 9 Monthly Plan is back, but there’s a warning: all the details are here

Source link Amazon Prime Rs12 9 Monthly Plan is back, but there’s a warning: all the details are here

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