Does apple allows credit card payment in ios app for just user subscription inside the app?

Hello,
Suppose I want to develop an iPhone app which performs user subscription for the app to assist the user and provide the user with its facilities and this user subscription can be done only when user pays some amount to the app. Now what I want is that this subscription amount should be payable by providing the credit card payment in the app. So my question is that is this credit card payment allowed by Apple or such an app will be rejected by Apple?
Thanks 

Sorry but can you explain me does your reply means that I should use In App Purchase provided by Apple or I can use Paypal or other credit card payment options?

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