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Apple in Talks With ICICI, HDFC and Axis to Bring Apple Pay to India by Mid-2026

New RBI rules permitting on-device biometric authentication remove a key obstacle to a phased rollout focused first on card tap-to-pay.

Overview

  • Multiple outlets report Apple is negotiating with ICICI Bank, HDFC Bank and Axis Bank, as well as Mastercard and Visa, to enable the service in India.
  • The initial deployment is expected to prioritize card-based contactless payments, with potential UPI support to follow subject to separate approvals.
  • Sources indicate a target launch window around mid-2026, though the schedule remains fluid and contingent on regulatory clearances and commercial terms.
  • The regulatory shift allowing fingerprint or facial recognition aligns with Apple Pay’s Face ID and Touch ID authentication for in-store, in-app and web payments.
  • Apple has not commented on the talks, and bank, NPCI and card network representatives did not immediately respond, as the company advances a broader services push alongside growing retail and manufacturing in the country.