Apple Inc. is reportedly in discussions with Indian banks and global card networks as it prepares to introduce Apple Pay in India. The iPhone maker is in talks with ICICI Bank Limited, HDFC Bank Limited and Axis Bank Limited, with plans to roll out its payment service in the country around mid-2026.
Apple is also holding discussions with payment networks Mastercard Incorporated and Visa Incorporated. Further, the proposed launch is part of the company’s broader strategy to expand its presence in India. Although Apple’s market share remains limited in a market largely dominated by lower priced Android devices, its expanded manufacturing and retail footprint has helped it strengthen its position.
Additionally, Apple Pay in India is expected to support the unified payments interface, in addition to card based transactions.
