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Apple stops debit and credit card payments in India.

iPhone-maker Apple has stopped accepting credit and debit card payments for subscriptions and app purchases using Apple ID in India. This means that Apple device users with subscriptions running on their iPhones and IPads will need to update their payment methods for recurring payments to continue. While Apple initiated these changes to its payment methods last month, they are still being rolled out to consumers. At the heart of the changes made by Apple are two directives issued by the Reserve Bank of India. One, on auto-debit mandates and two, on card tokenization.

The directives on auto-debit went live effective October 1, 2021. It meant that any instructions for recurring online payments made through credit or debit cards would need validation from the user, with the existing standing instructions getting affected. Separately, in another move that will become effective from July 1 onwards. Any company storing users’ card details on their websites or apps will have to purge those details. An estimated 5 million customers, who have kept their card details for online transactions on various platforms, could be impacted if the online players and merchants cannot implement the changes at their backend.

To continue enjoying your subscriptions, you can pay with your Apple ID balance.

In an update on its support page on April 18 this year, Apple said: “Regulatory requirements in India apply to the processing of recurring transactions. If you hold an Indian debit or credit card and you have a subscription, these changes impact your transactions. Some transactions might be declined by banks and card issuers”. To continue enjoying your subscriptions, you can pay with your Apple ID balance. You can add to your Apple ID balance using App Store Codes, Net Banking, and UPI. Apple did not respond to an email seeking comments for this story. According to data sourced from Counterpoint, Apple’s iPhones comprised a 3.3% market share in smartphone shipments during the January-March quarter.

By Ram

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