Apple is reportedly preparing to launch Apple Pay in India

Apple has been looking to launch its payment feature called Apple Pay in India for some time now but it hasn’t successfully negotiated the terms with local authorities. Well, according to people familiar with the matter, the company is again in talks with the local regulatory bodies, specifically, the NPCI – a special division of India’s central bank Reserve Bank of India.

Currently, all payment methods in the country work atop of the UPI, which is a popular payment method in South Asian markets. Walmart’s PhonePe, Google’s GPay and Paytm are all compliant with UPI and work in India.