Thread by @internetfreedom

It’s been over a month since the new RBI guidelines for recurring card payments came into force, but the dust around us has still not settled.

Small businesses, non-profits & international services are still struggling to get a hold of the situation. 1/6
internetfreedom.in/iff-needs-your…

While some big corporations have figured their way out — either by shifting to other payment methods, offering prepaid top-ups or by temporarily offering their services for free — media houses that were finally getting a hang of the subscription model are back to square one! 2/6

Given the sudden drop in their hard-won subscribers, countless young startups that rely on the subscription model now face existential issues.

Read more about what the new RBI mandates entail, and what they really mean for India's subscribers ⬇️ 3/6
the-ken.com/the-nutgraf/ho…

The Internet Freedom Foundation has also been critically affected by the new RBI guidelines, and we need your support!

Help us reach our goal of 30 lakh INR so that critical litigation and advocacy isn't affected for at least the next 6 months ⬇️ 4/6

businessinsider.in/finance/news/d…

Thanks to our community of digital visionaries, we've almost reached our goal — but not quite and we still need your support.

Help us sustain the fight for our digital liberties. 5/6
internetfreedom.in/iff-needs-your…

Do you have a business that was affected by RBI's new mandate on recurring payments? Were your subscriptions affected? Did they remain stable?

Let us know, and have a conversation with the team! 6/6
forum.internetfreedom.in/t/the-new-rbi-…