Apple Pay Launches in India
Apple Pay has launched in India through a partnership with Axis Bank. The service is initially available for Visa and Mastercard credit cards, giving Apple its first foothold in the digital payments market.
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APPLE INC launched Apple Pay in India on Tuesday through a partnership with AXIS BANK LTD in a push into the world's largest digital payments market. The rollout gives the iPhone maker its first foothold in a major economy where the service was previously unavailable. India is home to 124 million credit cards nationwide, presenting a major growth opportunity for the United States technology firm.
