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Comment by Brajeshwar | Hacker News Reader

I'm extremely sorry; the title is correct with what's happening with India's RBI[1] regulations banning all recurring card charges from next month.

But I have added the wrong link from the wrong tab. This new Safari is pretty confusing.

Here is a more relevant article - https://economictimes.indiatimes.com/industry/banking/financ...

1. https://www.rbi.org.in

View on HN

The HN title is still incorrect/editorialized, even for the Economic Times article.

The Indian Express article (from a few months ago, when the deadline was extended to Sep 30) details the changes with much more clarity: https://indianexpress.com/article/explained/explained-why-au...

The crux of the changes are to add an additional factor of authentication (AFA), notify consumers before any recurring charge, and allow them to easily cancel payments. This sounds like extremely healthy regulation, and I have no sympathy for merchants dragging their feet on this for years.

>The crux of the changes are to add an additional factor of authentication (AFA), notify consumers before any recurring charge, and allow them to easily cancel payments. This sounds like extremely healthy regulation, and I have no sympathy for merchants dragging their feet on this for years.

I subscribe to Netflix from my mobile ISP in India, and they've implemented it from day one. I get a message a few days ahead of the renewal every month, when the service can be cancelled before billing.

Example -

Enjoying Netflix with airtelThanks? You will be charged Rs. 499.0 for the period 31-08-2021 to 29-09-2021 in your next bill. To unsubscribe from Netflix, SMS STOP NETFLIX to 56111 within 4 day(s).

Really like this legislation simply because the cancellation ability is available pretty much every month!

It's great that Netflix has this functionality, but it's frustrating that Netflix has it built out, but only deploys it where legally compelled to. It shows how these companies are not very consumer friendly.

It's also frustrating that they aren't legally compelled to in my jurisdiction :)

This is not by Netflix, it is by the ISP through whom I purchase the service. But yeah, the ISP has been scummier in the past, it's only a little less scummy now!

Ok, we've changed the title to what the (new) article actually says. (Submitted title was "India bans all form of Recurring Card Charges".)

The article you linked suggests that recurring card charges that use two factor authentication will not be banned. So I think the title is still overstating.

2FA with Cards in India is an OTP (One Time Password) that sends us an SMS Message on our phone. Which means, even if the recurring happens, you still need to have access to the site and then enter the OTP at that time to make it work.

It's a one time authorization

That isn't how it will work

- First charge needs a AFA and it will setup a mandate - Subsequent charges will use that mandate and work without 2FA - Cardholders need to be notified in advance of a debit and be given an option to cancel

What's breaking now for most services is handling the third part

Ok, we've changed to that URL from https://qz.com/india/229295/the-rbis-stringent-rules-on-recu....

Assuming dang doesn't get to it sooner, you could email hn@ycombinator.com to ask for the link to be updated.

actual title == [The RBI’s stringent rules on recurring payments are driving away India’s software companies]

the actual title of a submission is subject to HN guidelines, the current title [ndia bans all form of Recurring Card Charges] is in no way similar]

highly editorialized titles create assumptions and non sequitorial context before anyone else even reads the article. you should talk to dang about this at HN@ycombinator.com

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