Tech giant Apple is reportedly negotiating with major Indian financial institutions to bring its digital payment platform to the country. The company is targeting a mid-2026 launch date for Apple Pay services in India's growing market.
Tech giant Apple is reportedly working with major Indian financial institutions to bring its digital payment platform to one of the world’s largest markets, according to a Bloomberg News report published Thursday.
Sources familiar with the negotiations say the iPhone manufacturer is currently in discussions with three prominent Indian banks – ICICI Bank, HDFC Bank, and Axis Bank – along with international card payment networks. The company is targeting a launch timeline of approximately mid-2026 for introducing Apple Pay services to Indian consumers.
Reuters has not been able to independently confirm these reported discussions between Apple and the Indian banking sector.
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