Amazon Prime brings back Rs 129 monthly subscription plan but there is a catch
India Today
Amazon Prime has brought back its cheapest monthly subscription plan costing Rs 129, months after it was discontinued.
If you have been planning to buy an Amazon Prime membership, this news is for you. Amazon Prime has brought back its cheapest monthly subscription plan costing Rs 129, months after it was discontinued at the behest of the Reserve Bank of India. The new RBI guidelines had asked for the implementation of an additional factor of authentication (AFA) for recurring online payments. Soon after discontinuing the monthly plan, Amazon only had the three-month plan and the yearly plan but now the Rs 129 plan has been added back to the list albeit with a few caveats.
So if you are new to the subscription business, you will now find three options when you open the Amazon Prime subscription website. Amazon has now listed three subscription plans including the Rs 129 monthly plan, the Rs 329 three-months plan and the yearly plan which is priced at Rs 999. Notably, Amazon has reduced the rates of the three-months plan which was earlier priced at Rs 387. Now here is the catch. While new subscribers can buy the yearly and the three-month plan using all electronic methods, the Rs 129 monthly plan can only be purchased through credit cards or select debit cards.
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