Apple Pay in India, here’s what to expect

Apple is reportedly in discussions with regulatory authorities and officials in India to bring its widely acclaimed payments service, Apple Pay, to the Indian market.
According to TechCrunch report, Apple is planning to engage with the National Payment Corporation of India (NPCI) to explore the possibilities of launching Apple Pay in the country. This move signals Apple’s eagerness to tap into India’s UPI-enabled payment service market, which is currently dominated by players like Google’s GPay, Walmart’s PhonePe, and Paytm.
During his visit to India earlier this year, Apple CEO Tim Cook reportedly met with bankers to discuss the development of a localized version of Apple Pay tailored to the Indian market. Unlike in other regions where Apple Pay relies on debit and credit cards, the Indian version of Apple Pay is expected to be built on top of the Unified Payments Interface (UPI).
The sources suggest that Apple aims to enable iPhone users in India to make UPI transactions by scanning QR codes without the need for a separate app. Furthermore, Apple has also proposed leveraging the iPhone’s Face ID feature for UPI authentication.
Apple Pay, which is currently available in over 80 countries worldwide, has revolutionized the way people make payments by providing a convenient and secure mobile payment solution. With the potential entry of Apple Pay into India, iPhone users in the country can look forward to a seamless and cutting-edge payment experience.
While Apple is keen on introducing Apple Pay in India, specific details such as launch partners and an official launch date are yet to be finalized. Insiders suggest that the launch is expected to occur in the coming quarters, indicating that Apple Pay’s entry into the Indian market is imminent.