Apple Pay Could Finally Land in India Next Month
What Happened
Apple is reportedly preparing to launch Apple Pay in India next month, starting with Axis Bank credit cards. The service will allow iPhone users to make tap-and-pay transactions using cards stored in Apple Wallet and authenticate payments with Face ID or Touch ID. Apple is also said to be in talks with HDFC Bank and ICICI Bank for future expansion.
Key Takeaways
If launched, Apple Pay would mark Apple’s entry into India’s massive digital payments market. While UPI continues to dominate payments in India, the service could offer iPhone users a faster and more convenient way to make card-based contactless payments.