TRAI, RBI Pilot Digital Consent System with Banks, Telcos

• TRAI and RBI are piloting a Digital Consent Acquisition (DCA) system to standardize consent for promotional communications.
• The pilot involves 9 Telecom Service Providers (TSPs) and 11 major banks, testing a unified digital consent platform.
• Select customers will receive SMS notifications from 127000 with a secure link to review and manage their promotional communication consents.
• The system aims to address issues with legacy consent practices, allowing customers to view, modify, or revoke past consents.
• This initiative seeks to introduce transparency and empower customers before a nationwide rollout.

Why It Matters: This system empowers you to control unwanted promotional communications.