Is the RBI deliberately trying to handicap credit cards in India? The decision to make recurring payments impossible, followed by having to enter card information every time I do an online transaction is making for a very frustrating experience.

The justification for these decisions is always "consumer interest" but how is making consumers jump through hoops to do transact online in consumer interest? I wish the industry was more co-ordinated in lobbying against these crazy policies

Edit: A couple of replies below that say they don't mind authorizing subscriptions/recurring charges every time. I respect that view but I think people underestimate how much friction it adds if a business needs to ask your for permission every time to renew. Consumers are forgetful. They may not be available to authorize a payment when it's time to renew. Subscriptions reduce transaction costs, give businesses a predictable stream of income and allow consumers continued access to services without having to remember to renew it.

If you don't believe me, just look at the data and anecdotes posted by tech journalists and software devs on twitter - it's a shitshow.

If a businesses make cancellation hard, the right policy would have been to allow consumers to "stop" charge from the card issuer's website or app - not ask consumers to approve a charge everytime it happens.