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Shyamal Parikh
@Shyamal890
Helping Agencies and Hi-Tech teams track and manage their processes.
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Oct 2, 2021
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9 tweets
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3 min read
The new RBI policy is going to force SaaS startups focusing on India to rethink their approach and final force them away from the Indian market.
🧵 The new RBI policy requires any recurring payment of 5000 INR+ to be manually authenticated every month by the end user.
Most B2B SaaS charge anywhere near or above this limit.
Typically such payments went through without any issues till date.