After Samsung Pay made its entry into India, now it is heard that Apple Pay is going to enter Indian market.
Apple Pay is in talks with several banks to make their entry as smooth as possible. This pay service of Apple will have UPI integrated with the app. “It is set to come to India,” assured NPCI, MD and CEO, A P Hota.
Recently, Apple Pay was launched in Taiwan making it the 14th market for the product.
Samsung Pay was launched in India recently and will be available to India users on select Samsung Galaxy series devices. The user can register the debit or credit card or UPI details on the app and use it at any POS machines. Samsung Pay supports standard NFC (Near Field Communication) support and MST (Magnetic Secure Transaction).
Hota added that he is aware that this product is not a mass product but still it helps in achieving the digital vision of the country.