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Apple lines up banks for payments play in India
Hindustan Times Rajasthan
|February 27, 2026
Apple Pay in India is expected to support India’s UPI alongside card based payments
The iPhone maker aims to introduce its payment service in India around the middle of 2026.
(REUTERS)
Apple Inc. is in discussions with key Indian banks and global card networks in preparation to start Apple Pay in the world’s most populous country.
The iPhone maker is in talks with ICICI Bank Ltd, HDFC Bank Ltd and Axis Bank Ltd, as it aims to introduce its payment service in India around the middle of 2026, according to people with knowledge of the matter. The timeline remains fluid, but the talks indicate an approaching launch. Shares of incumbent Indian payments providers including Paytm declined.
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