This is a bit of rant but I'm also wondering if there is anything we (the Indian tech community) can do about it? If you're an Indian startup, I'm sure you must know that the Reserve Bank of India has the worst policies when it comes to charging a credit card. 1) In India, you cannot create recurring subscriptions as the RBI prohibits charging the credit card automatically. Not one Indian payment processor (I've talked to a many) gives you the option to create recurring subscriptions. Can you imagine where half the SaaS startups will be without recurring credit card subscriptions? 2) Add to that, Paypal to Paypal transfer within India is prohibited by RBI. Why? Because certain people used to evade tax by purchasing goods directly with their Paypal balance. So, instead of catching the tax evaders the RBI found it easier to ban the whole thing. They could have made it mandatory for Paypal to report every transaction (as they require a a PAN card) but banning it altogether was easier, I guess? 3) Even big companies like Uber had to recently discontinue Credit card purchases because of these inane credit card policies of RBI [1] 4) I really don't think it's about customer security (since the rest of the world seems fine with it) but rather some "Babu" type mentality which is to ban the whole thing rather than make the efforts to make it work securely. Anyway, enough about the problem. Now what can we do about it? I know Modi really wants us to "make in India" and wants to promote the IT industry. Who are the right people to contact who can do something about this? [1] http://qz.com/296483/indias-credit-card-rules-just-took-the-ease-out-of-uber/