Apple plans to launch Apple Pay in India next month

Apple: Apple develops consumer electronics, software platforms, and digital services including its Apple Pay payment solution. The company is preparing to expand Apple Pay into India through direct partnerships with local banks, enabling contactless and in-app transactions for supported cards. Recent reporting highlights ongoing negotiations with multiple major lenders as the service readies for a phased introduction. Service Rollout: The initial launch will focus on NFC-based contactless payments and Apple Wallet integration ahead of any broader features. Industry Context: Apple Pay will operate alongside India's established digital payments ecosystem as it enters the country. Market Expansion: Apple Pay is preparing to enter the Indian market through bank-specific partnerships, beginning with Axis Bank credit cards.