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Apple Pay is reportedly coming to India without UPI support

Inc42 says supported Axis Bank Visa and Mastercard credit cards will work for tap-to-pay and online payments.

Inc42IN
1 Source, 26m ago, first seen 26m ago

TLDR

Inc42 reports that Apple Pay is entering India with tap-to-pay and online payments using supported Axis Bank Visa and Mastercard credit cards, but currently does not support UPI. It says UPI processed over 24 billion transactions in August, while rising credit card use could give Apple Pay an opening.

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1 Source, first seen 26m ago

Combined views

255

1 Source, first seen 26m ago

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1 Source

Inc42@Inc42Apple Pay is finally coming to India, but can it compete with UPI? After nearly a decade of anticipation, Apple Pay is entering India with tap-to-pay and online payments using supported Axis Bank Visa and Mastercard credit cards. But unlike PhonePe and Google Pay, it currently doesn’t support UPI. With UPI processing over 24 Bn transactions in August alone, Apple faces a big challenge: getting Indians to change their everyday payment habits. However, rising credit card usage could give Apple Pay an opportunity to make card payments more seamless. 💡 Can Apple make tap-to-pay the next big thing in India, or is UPI too far ahead? #ApplePay #UPI #DigitalPayments #Fintech #Reels #Inc42 #fyp26m
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    1 Source

    Inc42@Inc42Apple Pay is finally coming to India, but can it compete with UPI? After nearly a decade of anticipation, Apple Pay is entering India with tap-to-pay and online payments using supported Axis Bank Visa and Mastercard credit cards. But unlike PhonePe and Google Pay, it currently doesn’t support UPI. With UPI processing over 24 Bn transactions in August alone, Apple faces a big challenge: getting Indians to change their everyday payment habits. However, rising credit card usage could give Apple Pay an opportunity to make card payments more seamless. 💡 Can Apple make tap-to-pay the next big thing in India, or is UPI too far ahead? #ApplePay #UPI #DigitalPayments #Fintech #Reels #Inc42 #fyp26m
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