RBI launches digital payments e-mandate framework 2026 with 24-hour notices
NewsBytes | April 22, 2026 12:39 PM CST
Users can pause change cancel mandates
You're now in charge: pause, change, or cancel payment mandates whenever you want. You can also set spending limits or opt out of certain subscriptions entirely.
For extra security, canceling requires an additional factor of authentication such as an OTP.
Plus, no more repeated authentication for payments up to ₹15,000: bigger essentials like insurance or credit card bills are covered up to ₹100,000 without extra hassle.
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