Quartz·1 min read·medium

Apple launched Apple Pay in India, entering a market dominated by Google Pay

Cris Tolomia
✦AI Summary

Apple has launched its Apple Pay service in India, initially limiting support to Axis Bank credit cards. The company faces stiff competition in the digital payments space from established players like Google Pay and PhonePe.

Why it matters

Apple's entry into the massive Indian digital payments market represents a strategic push to expand its financial services ecosystem globally.

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The rollout is limited to Axis Bank Visa and Mastercard credit cards…

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