Uber has until the end of October to change its payment process in India or risk being banned from operating there. That’s because the country’s reserve bank (the RBI) has issued new guidelines that require two-step verification system for certain_card payments. A directive relating to Card Not Present (CNP) transactions issued on Friday requires companies which automatically charge customers for goods — such as Uber and other taxi-booking services — to introduce a second, verification step that authenticates a payment before it is made. Uber currently requires all_users to provide a credit card to use its service, which it uses...
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