According to reports, Apple is currently engaged in discussions with prominent Indian financial institutions, namely ICICI Bank, HDFC Bank, and Axis Bank, along with global credit card giants Mastercard and Visa. The tech behemoth has ambitious plans to introduce its Apple Pay service in the Indian market by mid-2026. While the exact timeline remains subject to finalization, the ongoing progress of these negotiations strongly suggests an imminent launch. The Indian iteration of Apple Pay is anticipated to facilitate both UPI (Unified Payments Interface) transactions and bank card payments, thereby catering to the diverse and evolving payment preferences of Indian consumers.
