Apple Pay to launch in India

Apple Pay is a convenient, secure, and private way to make payments using Apple devices such as iPhone, iPad, Apple Watch, and Mac

Apple Pay service will enable iPhone users to scan QR codes and make payments using the Unified Payments Interface (UPI), similar to Google Pay, Paytm, PhonePe, and other digital payment apps

Apple is reportedly in discussions with the National Payments Corporation of India (NPCI) to bring Apple Pay to the country

The tech giant has had preliminary talks and is now firming up the plans to launch a localized version of its digital payments app in India

India has a thriving innovation ecosystem, with the UPI being one of its notable achievements. UPI has become a widely-used platform for digital transactions in the country, accounting for 75% of retail digital transactions in the past year

The NPCI expects UPI transactions to reach 1 billion per day by 2026-27, highlighting its immense popularity

While Apple Pay is already available in several countries, including some in the Asia-Pacific region, the launch in India would further expand its reach and provide users with more options for digital payments

In addition to Apple Pay, the tech giant introduced the Pay Later service earlier this year in the United States. This service allows users to split their purchases into four payments with no interest or fees, providing flexibility in managing their finances

The potential arrival of Apple Pay in India is an exciting development that could offer a seamless and secure payment experience for iPhone users in the country

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