Current Affairs · Digital Payment Mandates
The Digital Payments - E-Mandate Framework, 2026 mandates specific notification protocols to enhance transparency and customer control over recurring digital transactions. Which one of the following combinations correctly reflects the mandatory pre-transaction notification timeline and the specific instruments explicitly exempted from this pre-notification requirement?
- 1At least 48 hours prior to debit, with exemptions granted for FASTag auto-recharge and Prepaid Payment Instruments.
- 2At least 24 hours prior to debit, with exemptions granted for UPI auto-payments and credit card bill payments up to ₹1,00,000.
- 3At least 24 hours prior to debit, with explicit exemptions granted for FASTag and National Common Mobility Card (NCMC) auto-recharges.✓
- 4At least 12 hours prior to debit, with no exemptions allowed for any recurring cross-border or domestic transactions.
Correct answer
At least 24 hours prior to debit, with explicit exemptions granted for FASTag and National Common Mobility Card (NCMC) auto-recharges.
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