Apple is planning to launch its Credit card in partnership with HDFC Bank in India. It is also planning to launch Apple Pay asap.
The Cupertino-based tech giant had also held discussions with the Reserve Bank of India (RBI) on the modalities of the card. According to the sources, RBI has asked Apple to follow the regular procedure for co-branded credit cards, without offering any special consideration for the company.
(Source: Moneycontrol)
Link to the article:
The Cupertino-based tech giant had also held discussions with the Reserve Bank of India (RBI) on the modalities of the card. According to the sources, RBI has asked Apple to follow the regular procedure for co-branded credit cards, without offering any special consideration for the company.
(Source: Moneycontrol)
Link to the article:
Apple taps HDFC Bank to launch credit card, in talks with NPCI for 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. The credit card could also see significant changes from the US model, where Apple takes control of the business. In India, banks control the credit card issuance and run the...
www.moneycontrol.com