Business Standard

Apple to stop storing card information on file for Indian customers

This decision of not storing card information on file has been taken by the US tech giant Apple in light of the card data storage norms of the Reserve Bank of India (RBI) that will kick in shortly

Apple to stop storing card information on file for Indian customers
Premium

Subrata Panda Mumbai
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

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