Apple Pay is set to launch in India next month, initially partnering with Axis Bank for credit card support, according to three sources familiar with the matter. This rollout will mark Apple’s entry into India’s digital payments market, making it available in a major economy where it was previously absent. Discussions are also underway with HDFC Bank and ICICI Bank to expand Apple Pay's footprint among Indian lenders.
However, these talks have not yet been finalized, with commercial terms still under negotiation. The results of these discussions will influence how quickly and widely Apple Pay can grow across India. The initial partnership with Axis Bank will provide Apple a foundation in the Indian market. The launch represents a phased entry, starting with one major banking partner and potentially broadening to other lenders as agreements are secured.
