Apple Pay Now Available in India With Axis Bank Cards
Apple Pay is now available in India, which means customers with an eligible card can add it to the Wallet app on iPhone and Apple Watch for contactless and online payments. To use ‌Apple Pay‌ in India, users will need an Axis Bank credit card on the Visa or Mastercard network. Earlier today, TechCrunch reported that merchants and payment terminals will need to add Apple Pay support , so…
Apple Pay has begun operation in India, allowing users with a compatible Axis Bank credit card to make contactless and online payments via the Wallet app on their iPhone and Apple Watch. However, merchants and payment terminals will need to add Apple Pay support, which may not be available at every contactless payment location. Unlike India's domestic card network, RuPay, Apple Pay is incompatible with it.
Major banks such as HDFC Bank, ICICI Bank, and SBI Card have not yet added support for Apple Pay. Rumors of Apple Pay's expansion to India have circulated for nearly a decade, but regulatory obstacles have hindered progress. India already boasts a widely used digital payment solution, the Unified Payments Interface (UPI), which handles around 84 percent of the country's digital transactions.
UPI, a state-backed payment system, allows instant transfers between bank accounts and is incompatible with Apple Pay.
Written by urgent.news from MacRumors's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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