Apple will stop storing card information on file for Indian customers


US tech giant Apple has informed customers in India that it will no longer keep their card information on file and will no longer accept payments made by debit and credit cards for purchases or subscriptions on the Internet. ‘App Store or other Apple services.

The move was made by the US tech giant in light of the Reserve Bank of India’s (RBI) card data storage standards which will come into force soon.



In emails to customers, Apple said, “In light of upcoming Reserve Bank of India regulations, effective June 1, credit and debit cards can no longer be used for purchases or payments. subscriptions to the App Store or other Apple services. Apple will no longer store card information on file – protecting your payment method is our top priority.”

Instead, it asked its customers to add their UPI ID or use online banking as alternative payment methods to avoid disruption to subscriptions and other purchases. Alternatively, Apple customers can add funds to their Apple ID balance to make payments.

In December last year, the RBI extended the deadline to comply with its card storage standards. Under the guidelines, RBI prohibited payment aggregators and merchants from storing customer card credentials in their database or server. Essentially, merchants need to clear card data on their sites and apply tokenization. Tokenization involves replacing the actual card details with another code called the token, which will be unique for a combination of card, token requester and identified device.

On March 17, 2020, the central bank had indicated that from June 30, 2021, merchant sites and payment aggregators should not store customer card data. At the request of merchants and payment aggregators as well as card companies and banks, this deadline has been extended to December 31, 2021 and the deadline has been further extended by six months, merchants and payment companies expressed their inability to meet the December 31 deadline.

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