Apple is currently not having such a happy time in India, such as lower sales and market share, ban iPhones, increased import duties, legal requirements hindering the opening of the Apple Store.
According to the latest report, the new legislati says the company was forced to put the planned Apple Pay rollout hold.
It is almost a year since Eddy Cue promised Apple Pay to come to India. He later said that the company did not want a release date until 100% sure, but now it looks like a very clever decisi.
Ecomic time Apple currently lists two sources of information that this plan must be put hold.
Despite ctinuing csultati with several major banks, Apple braced the introducti of Apple Pay. Also, India's Natial Payments Corporati (NPCI), which manages the UPI (Unified Payments Interface) platform,
Apple's main ccern is that the Reserve Bank of India's recent data localizati rules […] Companies need to store all payment data ly in India.
But reportedly there are more fundamental problems. Apple Pay is authenticated by either Touch ID or Face ID and NCPI does not accept it.
UPI requires the customer to enter a 6-digit or 4-digit number to authenticate the transacti […] NCPI does not allow biometrics collected by the device as authenticati mode.
The same problem is causing similar headaches in Google, MasterCard, Visa, Amaz, WhatsApp, PayPal.
China is the secd largest smartphe market in the world, last year it surpassed the United States and succeeded, it is indispensable for future growth.