Apple on Wednesday informed developers in India of an upcoming regulatory change that could impact recurring transactions like auto-renewable subscriptions, suggesting app makers push payments through Apple ID to avoid complications.
A directive from the Reserve Bank of India will require banks, financial institutions and "gateways" to obtain user approval before completing credit card and debit card transactions for auto-renewable subscriptions, Apple said in a post to its developer website. The change goes into effect in October and will impact certain App Store purchases.According to the mandate, user approval must be obtained through transaction notifications, e-mandates, and Additional Factors of Authentication (AFA). Transactions that do not meet requirements laid out by the directive will be declined by banks or card issuers.
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A directive from the Reserve Bank of India will require banks, financial institutions and "gateways" to obtain user approval before completing credit card and debit card transactions for auto-renewable subscriptions, Apple said in a post to its developer website. The change goes into effect in October and will impact certain App Store purchases.According to the mandate, user approval must be obtained through transaction notifications, e-mandates, and Additional Factors of Authentication (AFA). Transactions that do not meet requirements laid out by the directive will be declined by banks or card issuers.Read more...
from AppleInsider News https://ift.tt/2Y31xgB
Apple tells developers in India to promote Apple ID payments ahead of new government regulations
![Apple tells developers in India to promote Apple ID payments ahead of new government regulations]()
Reviewed by Ghaniiero
on
septembre 29, 2021
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