Limit increased for contactless Card transactions & processing of e-mandates for recurring transactions
December 4, 2020
RBI
Limit increased for contactless Card transactions & processing of e-mandates for recurring transactions RBI in 2015 and 2019 relaxed Additional Factor of Authentication (AFA) for Card transactions in Contactless mode and processing e-mandates / standing instructions on cards and Prepaid Payment Instruments (PPIs) for recurring transactions with values …