Punjab, Sept. 30 -- Apple Pay launched in India on Wednesday, after years of staying out. It works with Axis Bank Visa and Mastercard credit cards. It does not support UPI. It does not support RuPay.
What you can actually do with it
Tap to pay at NFC terminals, on iPhone, iPad and Apple Watch, using an Axis Bank Visa or Mastercard credit card. Mac support is expected later.
HDFC Bank, ICICI Bank and SBI Card are not on board at launch, with commercial terms still being negotiated.
The number that frames everything
84% of India's digital payment transactions run on UPI.
Apple Pay has entered that market without it. Which means Apple Pay in India is, today, a contactless card wallet for one bank's credit-card holders - a product for a f...