Apple Pay Reportedly Set to Launch in India Next Month
The rollout may begin with Axis Bank credit cards as Apple seeks to expand its payments service in a market with 1.4 billion people.
- Apple is expected to launch Apple Pay in India by October 2026, according to Bloomberg's Mark Gurman and Reuters, with Axis Bank credit cards featured in the initial rollout.
- India represents a significant opportunity for the company, boasting more than 750 million smartphone users; Counterpoint Research notes Apple's smartphone market share in the country has doubled to 8% since 2022.
- Apple Pay enables contactless payments by storing tokenized card details on iPhones, authenticated via FaceID or TouchID, following 2025 Reserve Bank of India regulations that authorized biometric authentication.
- While the Unified Payments Interface dominates 84 per cent of India's digital payments volume, reports indicate the initial rollout will focus on card-based payments, leaving future integration speculative.
- Apple is reportedly negotiating with HDFC Bank and ICICI Bank to expand support, though neither has finalized commercial terms; the service faces fierce competition from Google Pay and Walmart-backed PhonePe.
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Apple Pay reportedly set to launch in India next month
According to a new report, Apple could launch its Apple Pay payment service in India as soon as next month. The service is currently available in more than 90 countries worldwide. In his latest Power On newsletter, Bloomberg’s Mark Gurman claims that Apple will launch Apple Pay in India by the end of October. While Gurman did not provide any further details about the service, a recent Reuters report claimed that Apple will initially roll out App…
This report is good news for Indian users waiting for Apple Pay. Apple is preparing to launch Apple Pay in India for the first time. It could be introduced next month. Let's find out what's special about it.
Apple Pay India to launch in October, with card payments, UPI support in focus
Apple Pay could finally launch in India as early as October, according to Bloomberg's Mark Gurman. The service is expected to initially support card-based payments, while reports differ on whether UPI integration will be available from day one.
Apple Pay India Launch Could Happen in October: What We Know So Far
Apple Pay could arrive in India as early as October. The service would enter one of the world's largest digital payments markets. Apple may launch its mobile payment service in India next month. The move would bring Apple Pay to a major digital payments market.
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- 43% of the sources lean Right
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