Apple Pay may change how you pay in iPhones
Apple Pay, Apple's mobile payment system, will soon be available for Indian users, according to reports from Reuters. The service will debut next month with Axis Bank credit cards, marking India as one of the last major smartphone markets to adopt Apple's payment solution. This launch will be a gradual process, starting with Axis Bank before expanding to other banks over time.
Other major banks like HDFC Bank and ICICI Bank have reportedly held talks with Apple but have not yet finalized commercial terms. Apple Pay will not integrate with UPI, which currently dominates India's digital payment landscape, processing over 84% of digital transactions in August. Instead, it will offer a separate tap and pay option for iPhone users using tokenized credit card details.
Setting up Apple Pay is similar to other regions, requiring users to add their supported credit cards to the Wallet app, where they are securely tokenized. Authentication is handled through Face ID or Touch ID, with no need for a PIN or OTP for each transaction.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
