. @RBI is single handledly responsible for this #Cybersecurity failure which is going to blow up sooner / later.

Everyone who signed up in #SIHub - Please cancel your cards like *NOW*
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RT @logic
Once you read the @TheKenWeb story by @tam_arund on #RecurringPayments - update from #SIHub - is

1. Not only they haven't had Privacy Policy and ToS

2. They actually added a reCAPTCHA (in an unresponsive fashion) - which means - they were get…
https://twitter.com/logic/status/1524323623196307462

⚠️⚠️ 🇮🇳 💸💸 #DigitalPayment #Fraud #RecurringPayments
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RT @logic
So, it turns out that this is legit VPA and any @NetflixIndia user can enter anyone's VPA (there is no pre-validation) and make it raise a collect request and gulliable users who approve these, will pay a *RECURRING* payment for scamster to watch Netflix.
https://twitter.com/logic/status/1474742931374297091

Hey @PhonePe_ @PayUindia what are you folks smoking? I don't have @netflix account, but why are you pushing this to me on opening the app? #Consent #Fraud #RecurringPayments #UPIAutoPay

Just like how #RecurringPayments created new intermediaries #SIHub #MandateHQ for processing mandates, #CoFT introduces new intermediaries when you want to use "Saved Cards" from any merchant. #JusPay is one such #CoFT service provider.

Just like how #RecurringPayments created new intermediaries #SIHub #MandateHQ for processing mandates, #CoFT introduces new intermediaries when you want to use "Saved Cards" from any merchant. #JusPay is one such #CoFT service provider.

#Demonetisation was an attack on Cash India.
#RecurringPayments mandate is an attack on Card India.

Please switch to #UPI and be andh bhakt of #KoramangalaKrooks. Period.
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RT @r0h1n
It’s been over 45 days since all our subscriptions were nuked for our own good. Of all my subscriptions, just *one* had managed to get itself set up an “authorised” recurring payment: Netflix. Even that got declined today. Even as SIHub & HDFC say nothing is …
https://twitter.com/r0h1n/status/1462418620890304522

https://www.bloombergquint.com/opinion/winners-and-losers-of-the-recurring-payments-shake-up Winners And Losers Of The #RecurringPayments Shake-Up. Consumers are clearly losing their privacy, risking themselves. @iam_anandv on @BloombergQuint

Quiz.

Is @RBI@twitter.com -

Robber Bank of India?
Rubber Bank of India?

Or just Ridiculous Bank of India?

RT @logic@twitter.com

#RecurringPayments - Why are people not seeing the obvious data centralization in subscription payments - dolled out to select players? https://twitter.com/logic/status/1456876507205304322

🐦🔗: https://twitter.com/logic/status/1456876786197794829

The #RecurringPayments data centralization is only a pre-cursor to #CardOnFileTokenization (CoFT) guidelines which will kick in mid-December.

Here again - a popular intermediary (which was already witnessed a cyberattack and compromised card data) will be popular TSP

#RecurringPayments - Why are people not seeing the obvious data centralization in subscription payments - dolled out to select players?
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RT @logic
@menakadoshi Is this a kickback @RBI gives in-lieu of aggregator licensing - there by compromising consumer privacy under the garb of 'mandatory' compliance providers getting the data ?
https://twitter.com/logic/status/1456876507205304322