Re:Apple Developer Website Update
by dools on Sunday July 21, 2013 @07:47PM
(#6080935)
Most banks provide the ability to get a billing token to avoid having to store card details at all. In order to do recurring billing you only need to store the token and the CVV on the back.
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You do not need the CVV for recurring billing. Indeed, card processing standards explicitly forbid you from storing the CVV at all.
I would imagine Apple would not trust the ability to bill its customers to a third party. They have touted their collection of CC numbers for quite a few years, it's treated as an asset to the company.