1. Apple reportedly plans to launch Apple Pay in India this October, with Axis Bank as its first partner

Apple reportedly plans to launch Apple Pay in India this October, with Axis Bank as its first partner

Technology

  • Apple may launch Apple Pay in India in October, initially supporting Axis Bank credit cards.
  • iPhone and Apple Watch users could tap to pay using eligible cards stored in Apple Wallet.
  • Payments use tokenised card details and Face ID, Touch ID or a passcode for authentication.
  • Apple is in talks with HDFC Bank and ICICI Bank to add their cards to Apple Pay after the initial Axis Bank launch.

Source: ndtvprofit.com

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