Guwahati: The Reserve Bank of India (RBI) raised the Additional Factor of Authentication (AFA) limit for recurring transactions for e-mandates on cards, Prepaid Payment Instruments (PPIs), and UPI from 5,000 to 15,000 on Thursday.

The additional factor of the authentication process is known as two-step multi-factor authentication, or additional factor authentication (AFA), and it increases the security of a digital account by using two different pieces of information

It suggests that for a payment of $15,000 per transaction, no extra verification is required.

"Based on an assessment of the execution of the e-mandate framework and consumer protection, it has been decided to increase the AFA limit from 5,000 to 15,000 per transaction, "the Reserve Bank stated in a circular.

Over the last decade, the Reserve Bank of India (RBI) has implemented many safety and security measures for card payments, including the necessity of AFA, particularly for 'card-not-present' transactions.

An individual can use e-mandate to ask the bank to automatically deduct a specified amount on a regular basis.