Apple (AAPL -0.3%) is now accepting payment in Chinese yuan for App Store downloads, its latest...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Apple (AAPL -0.3%) is now accepting payment in Chinese yuan for App Store downloads, its latest move in what has become a key growth market. The change makes it easier for Chinese users, who previously needed to pay for downloads with a dual-currency credit card, which prompted extensive use of hacking, false identities and fraudulent gift cards.