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Mobile payment service by Apple
Apple Pay is a mobile payment service by Apple that allows users to make payments in person, in iOS apps, and on the web. Supported on iPhone, Apple Watch, iPad, Mac, and Vision Pro, Apple Pay digitizes and can replace a credit or debit card chip and PIN transaction at a contactless-capable point-of-sale terminal. It does not require Apple Pay–specific contactless payment terminals; it can work with any merchant that accepts contactless payments. It adds two-factor authentication via Touch ID, Face ID, Optic ID, PIN, or passcode.
More on Wikipedia ↗Indian private sector bank
Axis Bank Limited is an Indian multinational banking and financial services company headquartered in Mumbai. It is India's third largest private sector bank by assets and fourth largest by market capitalisation. It sells financial services to large and mid-size companies, SMEs and retail businesses.
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Apple Pay is now available in India with Axis Bank Visa and Mastercard credit cards. Here’s how it works, which devices support it, and how it compares with existing tap-to-pay options.
Apple Pay’s India launch means eligible Axis Bank Visa and Mastercard credit cardholders can now use their India-issued cards for contactless payments both at home and overseas. Abroad, transactions will run through the card network rather than UPI, so international usage settings, spending limits, forex charges and…
Apple Pay has finally arrived in India, but the bigger question now is which banks could join the service next, and one unexpected website reference is raising eyebrows.