RBI’s proposal to make digi transactions simpler, safer
MUMBAI: RBI has come out with a Digital Payments – Emandate Framework, 2026 which seeks to make recurring digital payments simpler, safer and more user-centric by reducing friction while retaining safeguards, marking a shift towards a consent-driven autopay ecosystem.The guidelines mandate a 24-hour pre-debit notification, requiring issuers to inform users in advance about the merchant…