Stripe - Important updates to RBI regulations on recurring card payments in India

[HostingFields 1]

Hello,

Got email today about recurring card payments in India and API changes from Stripe's side, however, they also said that if using 3rd party software (like WHMCS?) some changes are required as well?

Here is documentation from stripe.com
https://support.stripe.com/questions/important-updates-to-rbi-regulations-on-recurring-card-payments-in-india

Is WHMCS going to do anything about this? How this will be handled? / addressed?

Thanks

 

[TheHostingHeroes 12]

@WHMCScan we get an update on this ?

[HostingFields 1]

Anything?

[steven99 132]

Though I may have missed it, isn't the delay with Stripe at this point and releasing the API to handle this? 

[Jafar Muhammed 19]

On 16/09/2021 at 7:10 AM, HostingFields said:

they also said that if using 3rd party software (like WHMCS?) some changes are required as well

The link says: 

 

Quote

If instead you use your own custom solution and directly call our Payment Intents and Setup Intents APIs to perform payments, we’re working to release a new set of AFA-compliant APIs for you to integrate with, which will be released later this year.

That means even if the WHMCS team is willing to work on this on priority, we need to wait for the API from Stripe.

[Jafar Muhammed 19]

If the WHMCS team wishes to start working on these new changes, I can help you get added to the pilot team who can access the AFA Compliant APIs.

[Jafar Muhammed 19]

On 4/10/2021 at 4:28 PM, TheHostingHeroes said:

@WHMCScan we get an update on this ?

That seems to be a wrong mention. 

[Jafar Muhammed 19]

Stripe just released an API, and they have updated their Billing and hosted checkout to satisfy the d**k heads of RBI.

https://support.stripe.com/questions/rbi-regulations-guide-for-direct-payments-users