Why is it still the norm in the US to allow companies to charge their customers whenever they please, without the customers having any control?
In India, businesses are required to get a consent, at the time of subscription, to charge the customer on a recurring basis. This is called an e-mandate and requires multi-factor authentication to create. The card holder can cancel the mandate online, through their bank, without having to rely on the business doing the right thing. The business cannot charge the customer beyond that point, without obtaining a new mandate.
In India, businesses are required to get a consent, at the time of subscription, to charge the customer on a recurring basis. This is called an e-mandate and requires multi-factor authentication to create. The card holder can cancel the mandate online, through their bank, without having to rely on the business doing the right thing. The business cannot charge the customer beyond that point, without obtaining a new mandate.