Netflix might hit a major stumbling block in signing up users in India
Jan07
on January 7, 2016
at 12:58 pm
Years after it first launched in the US, Netflix has finally arrived on Indian shores today — but the streaming service may have to clear a significant regulatory hurdle if it intends to continue operating in the country. You need a credit card to subscribe to Netflix, even if you only want to try the month-long free trial. In India, Netflix merely asks for your card details and signs you up in a single step. Trouble is, in August 2014, the Reserve Bank of India (RBI) made it mandatory for international businesses to implement two-factor authentication for online credit card…
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