Apple May Soon Launch Payment Feature 'Apple Pay' In India: Report
NDTV
As per GSMArena, Apple is planning to hold talks with the local regulatory bodies, specifically, the NPCI - a special division of India's central bank - Reserve Bank of India.
Apple has been looking forward to launching its payment feature called Apple Pay in India for a long time now.
As per GSMArena, Apple is planning to hold talks with the local regulatory bodies, specifically, the NPCI - a special division of India's central bank - Reserve Bank of India.
Apple Pay would be entering into a hyper-competitive segment with players like PhonePe, GooglePay, WhatsAppPay, and Paytm, among others.
According to news agency ANI, Tim Cook reportedly met with Indian authorities to negotiate a localized version of Apple Pay - customers to be able to scan QR codes and initiate UPI transactions without using third-party apps. Apple also wants users to confirm UPI transactions using the Face ID feature.
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