In TrendsStock MarketStocks to BuyAsian StocksApple PaySwastika Infra IPOApple Pay enters India without UPI; says it would ‘love to support it one day’At launch, Apple Pay works only with Axis Bank-issued Visa and Mastercard credit cards. Debit cards, RuPay cards and cards issued by other banks are not supported yet.By Zenia Baria September 30, 2026, 1:36:27 PM IST (Updated)Apple Pay has officially launched in India, nearly 12 years after its US debut, but the service is entering the market without support for UPI.At launch, Apple Pay works only with Visa and Mastercard credit cards issued by Axis Bank. Debit cards, RuPay cards and cards issued by other banks are not supported yet.Speaking to CNBC-TV18, Apple said it wants to expand the service in India and is open to supporting UPI in the future. “UPI is a fantastic product. We would love to support it one day,” Apple said.Read more: Apple Pay vs UPI: How Apple's new payment service compares in IndiaFor now, the two payment systems remain separate. Apple said UPI is a bank-account-based payment method, while Apple Pay works with network-based cards.The distinction matters in a market where UPI has already achieved significant scale. UPI processed 24.51 billion transactions…
Original source: https://www.cnbctv18.com/technology/
