Uber Gets One More Month To Abide By RBI’s e-commerce Payment Rules
Advertisement
Advertisement
Advertisement
The "Since Uber has initiated steps to comply with our regulation, we have given them one more month," an RBI spokesperson said. The RBI had earlier asked banks and operators to ensure that payments are made in Indian currency when a credit card is not presented physically.
"Uber is working closely with the RBI to address payment process requirements, while remaining firmly committed to providing riders with a safe, reliable and affordable transportation option. The RBI has generously granted us an extension until November 30, 2014, to give us sufficient time to migrate to a new payment mechanism, and ensure that consumers enjoy uninterrupted usage of our technology platform," the company said.
Advertisement
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema
- Realme C65 5G with 5,000mAh battery, 120Hz display launched starting at ₹10,499
- 8 Fun things to do in Kasol
- SC rejects pleas seeking cross-verification of votes cast using EVMs with VVPAT
- Ultraviolette F77 Mach 2 electric sports bike launched in India starting at ₹2.99 lakh
- Deloitte projects India's FY25 GDP growth at 6.6%
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market