Apple Pay Reportedly Launching in India With Axis Bank
· Technology · MacRumors, India Today
Apple Pay is reportedly set to launch in India, beginning with Axis Bank credit cards on the Visa and Mastercard networks. The initial rollout is expected to have limited scope because India already features a widespread Unified Payments Interface system for digital transactions. Major financial institutions including HDFC Bank, ICICI Bank, and SBI are not expected to support the service at launch. The phased introduction marks Apple's entry into the country's crowded digital payments sector.
Why it matters
The introduction of Apple Pay creates a new payment option for iPhone users in India, though competition from established UPI services remains high.
Read the original report — MacRumors
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