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VOICE ARCHIVE

Vinay Kesari

@vinaykesari
4 posts
2023-06-24
2. Card tap-and-pay is limited to Rs. 5,000 per txn. While this will cover many everyday card txns, Apple Pay customers won't be able to use their phones for higher value retail checkout. They'll have to rely on the physical card for that.
2023-06-24 View on X
Moneycontrol

Sources: Apple is in talks to launch Apple Card in India, and has met with HDFC and the RBI; a source says Apple is holding Apple Pay discussions with the NPCI

Anand J / Moneycontrol :

View original
Big news! Given that the RBI seems unwilling so far to grant any exceptions: 1. Apple wouldn't have access to txn info. Will have to see how this affects app UX as well as value accrual for Apple. They'll have to see if there are compliant workarounds. https://www.moneycontrol.com/ ...
2023-06-24 View on X
Moneycontrol

Sources: Apple is in talks to launch Apple Card in India, and has met with HDFC and the RBI; a source says Apple is holding Apple Pay discussions with the NPCI

Anand J / Moneycontrol :

View original
2023-06-23
Big news! Given that the RBI seems unwilling so far to grant any exceptions: 1. Apple wouldn't have access to txn info. Will have to see how this affects app UX as well as value accrual for Apple. They'll have to see if there are compliant workarounds. https://www.moneycontrol.com/ ...
2023-06-23 View on X
Moneycontrol

Sources: Apple is in talks to launch Apple Card in India, meeting with HDFC and the RBI; a source says Apple is holding discussions with the NPCI over Apple Pay

This comes in the wake of Apple's decision to stop card payments in India on its App Store and for its iCloud services.

View original
2. Card tap-and-pay is limited to Rs. 5,000 per txn. While this will cover many everyday card txns, Apple Pay customers won't be able to use their phones for higher value retail checkout. They'll have to rely on the physical card for that.
2023-06-23 View on X
Moneycontrol

Sources: Apple is in talks to launch Apple Card in India, meeting with HDFC and the RBI; a source says Apple is holding discussions with the NPCI over Apple Pay

This comes in the wake of Apple's decision to stop card payments in India on its App Store and for its iCloud services.

View original