Apple Inc. is negotiating with major Indian financial institutions and global payment networks to debut Apple Pay by mid-2026.
The tech giant is holding discussions with ICICI Bank, HDFC Bank, and Axis Bank to facilitate the service.
Mastercard and Visa are also participating in talks to support the payment infrastructure.
Apple Pay will reportedly integrate with the state-backed Unified Payments Interface (UPI) to leverage India's dominant digital payments system.
The expansion follows Apple’s increased manufacturing and retail investment in the region, including the recent opening of its sixth Indian retail store.