3 years, 7 months ago
Amazon Discontinues Month-Long Prime Subscription in India Due to RBI Guidelines, Cancels Free Trial
News 18Seattle-based tech giant Amazon has discontinued its month-long Prime membership in India following a new RBI guideline that asks banks and financial institutions to implement an additional factor of authentication for processing online transactions. The Amazon Prime monthly subscription was priced at Rs 129 per month, but it has now been removed to adhere with the new RBI guidelines The dealine for implementation of the new mandate has been set for September 30. Currently, new subscribers can only opt for the three month or annual subscription for Amazon Prime. The three month subscription costs Rs 329, while the annual Amazon Prime subscription costs Rs 999.
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