Thursday, September 6, 2018
Apple Shelves Plans for Apple Pay in India After Facing Regulatory Issues and Technical Hurdles
Apple has temporarily halted plans to launch Apple Pay in India after facing troubles with regulators in the country and a few technical hurdles, according to The Economic Times. Specifically, Apple is said to be concerned about the Reserve Bank of India’s recent data localization rule, which requires companies to store all of their payments data for local users only in India. Because of this
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