Now we will not get the cheapest plan from Amazon prime, which offers are available for user to check it out
E-commerce platform Amazon has announced the closure of its cheapest monthly subscription plan. The reason for this is being told as a rule of RBI.
E-commerce platform Amazon has announced the closure of its cheapest monthly subscription plan. After this announcement of the company, now people will not be able to get Amazon Prime’s Rs 129 subscription plan.
This free service is also closed
The Amazon company announced these changes on its support page. The company said that it is discontinuing the monthly subscription of Amazon Prime. Along with this, the trial service for free of cost to new members has also been discontinued. On April 27, 2021, the company has temporarily closed the plan to sign-up new members free of cost.
Now users will get this plan
After discontinuing the Rs 129 plan from Amazon Prime, now a three-month recharge plan of Rs 329 will be available as a cheap subscription plan for the users. With this, they will also be able to get an annual subscription plan for Rs 999. Amazon has also launched a new mini tv video streaming service in India. This service has been introduced for India. It will be made available on iOS and mobile web in the coming days.
RBI made rules and gave instructions
According to the information, Amazon Prime has closed its monthly plan due to the Reserve Bank of India (RBI) rules. RBI has increased the deadline to 30 September 2021 for banks to follow the new rules of auto-debit. Under this, additional measures for Additional Factor Authentication (AFA) i.e. verification have now been made mandatory for companies.
Under this, AFA must be followed while using the card or prepaid payment instrument (PPI) or Unified Payments Interface (UPI). But in reality, it does not seem to be happening. Because of this, the RBI has made a rule that if the AFA is not complied with, then that system will not continue from 30 September 2021.