Business Standard

Thursday, December 26, 2024 | 09:59 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Apple stops accepting payments using credit cards issued by Indian banks

In April this year, Apple had also allowed users in India to make payments using Apple's ID account using UPI and netbanking

CCI orders investigation into Apple's business practices in India
Premium

Shivani Shinde Mumbai
Tech giant Apple has stopped accepting payments via debit and credit cards in India.

Apple has stopped accepting cards for subscriptions, and purchases using credit cards issued by banks in India. Apple will also not accept payments for ad campaigns on Apple Search using credit cards issued by Indian banks. All campaigns will be put on hold from 1 June.

The change has come as a result of the new auto-debit rules from the Reserve Bank of India (RBI) that came into force last year and is disrupting recurring online transactions.

In an email to users, Apple said: “Due to the Reserve Bank

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in