Nearly twelve years to the day after Apple first announced Apple Pay, the feature is now rolling out in India, one of the few major markets where it had yet to become available. Here are the details. Apple Pay now rolling out to Axis Bank customers in India.
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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, merchants and payment terminals will need to add Apple Pay support, so the service might not work at every contactless payment location. RuPay, India’s domestic card network, is not compatible with ‌Apple Pay‌.
Major banks such as HDFC Bank, ICICI Bank, and SBI Card have not added support either. There have been rumors about ‌Apple Pay‌ expanding to India for about a decade, but regulatory issues made it difficult.
India already has a popular digital payment option, the Unified Payments Interface (UPI). UPI is a state-backed payment system that allows funds to be transferred instantly between two bank accounts.
UPI handles about 84 percent of India’s digital transaction volume, and it does not work with ‌Apple Pay‌. Related Roundup: Apple Pay Tag: India Related Forum: Apple Music, Apple Pay/Card, iCloud, Fitness+ This article, " Apple Pay Now Available in India With Axis Bank Cards " first appeared on com Discuss this article in our forums.
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