Apple faces cash payment challenges in India, where 7-9% of sales at its two stores are made with cash, compared to <1 % and european in span stores.< us>

Apple faces cash payment challenges in India as 7-9% of sales at its two company-owned stores in Mumbai and Delhi are made with cash, compared to less than 1% or nil in US and European stores. The company installed currency note counting machines in response to customer demand. In India, cash payments are also significant in car sales, highlighting the country's reliance on cash transactions.

May 25, 2024
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