How Apple Pay targets the lucrative card payments space

After a 12-year wait, Apple Pay is finally in India, a market heavily skewed in favour of Android phones. It also does not support UPI payments. But it does have a captive market of loyal Apple device owners. Banasree Purkayastha examines whether this can help it make inroads into India’s massive digital payments ecosystem

l What exactly has Apple launched in India?

APPLE HAS LAUNCHED its contactless payments service — Apple Pay— in India, allowing users to make payments through iPhone, iPad and Apple Watch. Support for Mac is coming soon.

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