Zoom News : May 16, 2021, 06:45 AM
Delhi: Online Commerce Platform Amazon has closed its Monthly Prime Merchip in India. Now the company is offering only three months and one year plan. Amazon Prime Subscriptions started from Rs 129. The company has said that the Reserve Bank of India has been removed while following the new rule.In the Reserve Bank of India (RBI) New Guidelines, banks and financial institutions have been asked to implement the Additional Factor of Authorization (AFA) to process recurring online transactions. The deadline for implementing this new order has been set up September 30Amazon has written while updating his support page that Monthly Subscription of Amazon Prime Ministership has been removed. At the same time, from April 27, the company has also stopped the signing up new men's sign up for the Amazon Prime Free Trial.At the moment, if a user is wanting to buy a new Amazon Prime Merchief or want to renew the plan, then he will get the option of only three months and one year. Three months ago, the price of Rs 329 and 1 year subscription is Rs 999.At the same time, Amazon has launched a new video streaming service called Minitv in India. This add-supported video is a streaming service that has been made available to the company's shopping app. At present, this service has been introduced only in India.India's users will be able to use this new Minitv service only on Android Devices. However, the company has been confirmed in the coming days it will be made available in iOS and Mobile Web. Through this new service, users will be able to see the content of Jobers like Food, Tech, Web Series, Fashion and Comedy Shows.