Apple in Talks With Banks to Launch Apple Pay in India This Year

2 months ago 49
Apple is successful talks with large Indian banks arsenic it prepares to present Apple Pay successful the state sometime successful the mediate of 2026, reports Bloomberg.


Apple is said to beryllium successful discussions with ICICI Bank, HDFC Bank, and Axis Bank, according to radical with cognition of the substance who spoke to the publication.

The study corroborates a communicative successful January by Business Standard that said Apple Pay was preparing to spell unrecorded successful the Indian marketplace earlier the extremity of the year. The Times of India besides earlier reported the India plans for Apple Pay.

Today's study says Apple is talking done the program with planetary outgo networks Mastercard and Visa. UPI dominates integer payments successful India, and Apple Pay is expected to enactment the state-backed payments interface, which allows customers to instantly transportation wealth and bills.

Apple Pay launched more than 10 years ago, and is already disposable crossed 89 markets globally. Late past year, India's cardinal slope approved caller rules that let biometric authentication similar Touch ID and Face ID for integer payments. The country's authentication methods antecedently relied connected one-time passwords sent implicit SMS messages.

The timing comes astatine a bully infinitesimal for Apple successful India. The institution recorded its highest quarterly shipments successful the state during Q3 2025, reaching 5 cardinal units and securing 4th spot successful the marketplace for the archetypal time, according to IDC data. Apple is besides rapidly expanding its retail beingness successful India, with a sixth store opening successful Mumbai connected Thursday.




This article, "Apple successful Talks With Banks to Launch Apple Pay successful India This Year" archetypal appeared connected MacRumors.com

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