Apple Finally Restarts Credit Card Payments In India After 4 Years, Here’s How To Set It|FP Explains [bX4t7F0mVwc]
Apple has restored support for Visa and Mastercard credit and debit cards for App Store purchases and subscriptions in India after a four-year hiatus. The feature, rolling out in phases, complies with the Reserve Bank of India's card tokenisation and data localisation rules, which led Apple to stop accepting card payments in 2022. Users can now add eligible cards to their Apple Account, complete OTP verification and securely tokenise them. However, cards cannot be used directly at App Store checkout. Instead, users must first add funds to their Apple Account balance, which can then be used for purchases and subscriptions such as iCloud+ and Apple Music. TIME STAMPS: 00:00 - Intro 0:28 - Apple Restores Card Payments in India 1:23 - Rbi Rules Forced Apple to Drop Cards 2:51 - Apple Pay Speculation Returns Once Again --- Apple Card Payments India | App Store Credit Card | RBI Tokenisation Mandate | Adding Funds Apple ID | Visa Mastercard India | Local Server Localisation | Recurring EMandate Framework | Apple Wallet UPI | Contactless Apple Pay India | iOS Billing Update | Firstpost #appleindia #appstorebilling #rbitokenisation #creditcardindia #breakingnews #geopolitics #fintechindia #upi #applepayindia #iphonenews #techregulation #firstpost Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel. Subscribe to Firstpost channel and press the bell icon to get notified when we go live. Follow Firstpost on Website: Follow Firstpost on Instagram: Follow Firstpost on Facebook: Follow Firstpost on X: Follow Firstpost on WhatsApp: