New Delhi: To adjust to the Reserve Bank of India’s (RBI) suggestions on card storage and tokenisation, Apple has stopped taking debit and credit score card payments for app purchases and subscriptions in India. In-app purchases will as a substitute be restricted to Unified Payments Interface (UPI) and net banking transactions, in accordance to the corporate.
“Beginning June 1, credit score and debit playing cards will not be accepted for purchases or subscriptions on the App Store or different Apple companies,” the enterprise warned, citing future Reserve Bank of India (RBI) restrictions.
Apple additionally said that it’ll not retailer Indian customers’ credit score card data on its servers.
Users can now load a pre-determined quantity into their Apple Wallet utilizing UPI and net banking to be sure that app subscriptions and purchases proceed with out interruption.