Technology giant Apple has informed its customers in India that it will no longer store their card information on file and will not be accepting payments made by debit cards and credit cards for purchases or subscriptions on the App store or other Apple services.
The decision has been taken by the US-based company in view of the Reserve Bank of India’s (RBI’s) card data storage guidelines, which will kick in from July 1. The deadline for implementing these norms was extended twice.
In an email to customers, Apple has said, “In the light of the upcoming RBI regulations, starting