INCOME TAX18 Sept 2026
Apple Pay to come to India soon with Axis Bank? How will it work for iPhone users? Here's what we know | Mint
Apple Pay may launch in India next month with Axis Bank's credit cards, and talks are reportedly on with HDFC Bank and ICICI Bank. iPhone users could then tap and pay at card terminals without opening a separate app. Card details stay hidden behind a token on the phone, so merchants never see your card number. Business owners can check if their terminals accept it.
Key Statutory Highlights
- Apple Pay is reported to launch in India next month with Axis Bank's credit cards, and Apple is said to be in talks with HDFC Bank and ICICI Bank.
- iPhone users would add an eligible debit or credit card to Apple Wallet and tap to pay at compatible terminals using tokenised card details.
- Unlike UPI, which handles 84% of India's digital payments volume, Apple Pay will not link bank accounts directly.
Actionable Advice for Taxpayers / Founders:If your business accepts card payments, ask your bank or card terminal provider whether contactless Apple Pay will be supported at your outlet. This launch is still reported, not officially confirmed, so wait for a bank announcement before changing anything.
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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