You may not believe it, but the payment service Apple Pay has been with us since autumn 2014, when she Apple first launched in the USA. The following year, it arrived in the UK, Canada and Australia, and then experienced a relatively massive expansion to many countries around the world, with the service arriving in the Czech Republic on February 19, 2019. It is all the more surprising that India, as the most populous country in the world and at the same time one of the largest countries in the world to launch Apple Pay waited until now. But that is a thing of the past. A few hours ago, in India, payments through Apple Pay started. However, it is definitely not possible to say that every owner could use the service. iPhone in the country.
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Pro use Apple Pay an Axis Bank credit card issued by Visa or Master is currently requiredcard. This can be added to the Wallet application in the classic way. iPhone a Apple Watch and then use it for contactless or online payments. According to earlier information, the country will also have to support Apple Pay merchants themselves and their payment terminals, so the service may not initially work everywhere where contactless payments are commonly accepted.
India's largest banks are still missing
A relatively major limitation is the absence of other large banks. HDFC Bank, ICICI Bank, or SBI Card Apple Pay they do not support at launch, and surprisingly, the domestic card network Ru is not compatible eitherPay. Apple so the service is launched in a significantly more limited form than what we are used to, for example, in our country. Here, at startup Apple Pay A relatively large number of banks supported it, although ČSOB, as one of the largest domestic banks, was not among them.
However, it is important to note that the situation in India is quite specific compared to the rest of the world. The country is dominated by the state-supported Unified Payments System. Payments Interface or UPI, which allows instant money transfers between bank accounts and is therefore, unsurprisingly, widely used by Indians. Apple Pay however, it does not currently work with UPI, which of course limits it in a fundamental way.
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The regulation and specifics of the Indian payment market were one of the reasons why the arrival of Apple Pay It has been talking to the earth for so long. Apple although notonec has indeed launched the service, but at least initially it will be more of a first step than full market coverage. It will be all the more interesting to see how quickly other Indian banks will join and whether Apple Over time, it will also be able to somehow resolve UPI support.
They make iPhones there and they don't have them. applepay
Disaster…