Amazon has its support page Has also been updated, in which the monthly subscription of Amazon Prime is not present. Additionally, Amazon has also temporarily suspended new member sign-ups for the Amazon Prime free trial from April 27. At the moment, if a user wants to buy or renew the Amazon Prime membership, he will have the option of taking only three months or yearly subscription. Let us tell you, the price of three months subscription of Amazon Prime is Rs 329, while you get its annual subscription for Rs 999.
It is noteworthy that this new framework of RBI Declaration It was done in August 2019 itself, but later this deadline was extended to 30 September this year for banks and financial institutions. Extending the deadline, it was said that this decision has been taken keeping in mind that there is no inconvenience to the customers.
Initially, in the year 2019, RBI had issued a framework for deploying AFA for recurring transactions up to Rs 2,000. However, by December last year, this rule was increased to a limit of Rs 5,000 per transaction. Transactions above this cut-off will require a one-time password (OTP).