GENERAL18 Sept 2026
Apple Pay eyes India rollout, starting with Axis Bank credit cards
Apple is set to bring Apple Pay to India next month, starting with Axis Bank credit cards, three sources say. Talks with HDFC Bank and ICICI Bank continue. iPhone users can then tap and pay using tokenised card details, without opening a separate app. Apple Pay enters a market where UPI (Unified Payments Interface) handles 84% of digital payments.
Key Statutory Highlights
- Apple is poised to launch Apple Pay in India next month with Axis Bank's credit cards, according to three sources.
- Mumbai-based Axis Bank is India's fourth-largest credit card issuer, and talks with HDFC Bank and ICICI Bank have not yet reached agreed commercial terms.
- Payments through UPI make up 84% of India's digital payments volume, and the Reserve Bank of India allowed biometric authentication for card payments last year.
Actionable Advice for Taxpayers / Founders:If your business accepts card payments, ask your bank or payment provider whether Apple Pay will work on your setup, and keep your current card and QR options running until it is confirmed.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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