{"id":775600,"date":"2026-09-19T08:42:17","date_gmt":"2026-09-19T08:42:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/775600\/"},"modified":"2026-09-19T08:42:17","modified_gmt":"2026-09-19T08:42:17","slug":"apple-teams-with-axis-bank-for-apple-pay-debut-in-india","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/775600\/","title":{"rendered":"Apple Teams With Axis Bank for Apple Pay Debut in India"},"content":{"rendered":"

Apple<\/a> is preparing to launch Apple Pay<\/a> in India in partnership with Mumbai-based Axis Bank<\/a>, Reuters reported<\/a> Friday (Sept. 18), citing unnamed sources.<\/p>\n

Axis Bank is the first lender in India to partner with Apple on Apple Pay, according to the report.<\/p>\n

Apple plans to add more lenders over time, as it has done in other markets, the report said.<\/p>\n

India is one of the few major economies in which Apple Pay is currently not available, per the report.<\/p>\n

Axis declined to comment on the report, according to Reuters. Apple did not comment in the Reuters report and did not immediately reply to PYMNTS\u2019 request for comment.<\/p>\n

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It was reported in January that Apple was working on bringing Apple Pay to India<\/a> sometime this year. The company was holding talks with card networks and working on landing regulatory approval.<\/p>\n

At that time, Apple Pay was operating in 89 markets.<\/p>\n

In February, it was reported that Apple was talking with card networks and banks, including Axis Bank, to launch Apple Pay in India<\/a>.<\/p>\n

The February report characterized the discussions as another step in Apple\u2019s effort to boost its business in India as the country\u2019s middle class expands.<\/p>\n

In June, it was reported that Apple agreed to provide financial information related to its operations in India<\/a> to the country\u2019s competition regulator as part of a long-running antitrust investigation into the company\u2019s business practices. The investigation stems from complaints filed in 2021 by a coalition of Indian startups who have challenged Apple\u2019s App Store policy, particularly its in-app payment system and restrictions placed on developers.<\/p>\n

The PYMNTS Intelligence<\/a> report \u201c2023 Global Digital Shopping Index: India Edition<\/a>\u201d found that India has embraced digital payments and a digital-first shopping experience.<\/p>\n

At that time, 55% of consumers in India said they made their most recent retail purchase with a digital wallet. Thirty-nine percent of consumers said they used a digital wallet for an in-store purchase, while 65% said they used a digital wallet for an online purchase.<\/p>\n

\u201cIndia is home to a thriving digital economy, and its merchants have quickly adopted a wide array of digital features to meet its digitally savvy shoppers\u2019 expectations,\u201d the report said.<\/p>\n","protected":false},"excerpt":{"rendered":"Apple is preparing to launch Apple Pay in India in partnership with Mumbai-based Axis Bank, Reuters reported Friday…\n","protected":false},"author":2,"featured_media":775601,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[304,21955,23221,308,2306,50,5292,86,56,54,55,6242],"class_list":["post-775600","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mobile","tag-apple","tag-apple-pay","tag-axis-bank","tag-india","tag-mobile","tag-news","tag-pymnts-news","tag-technology","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-whats-hot"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/775600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=775600"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/775600\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/775601"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=775600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=775600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=775600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}