Axis Bank

Apple Pay is set to go live in India today, with Axis Bank as its launch banking partner, according to sources. The move would bring Apple's contactless payments service to one of the world's largest and fastest-growing digital payments markets, where rivals like Google Pay and PhonePe already dominate. A launch would mark a significant expansion for Apple's services business in the country.

Apple Pay has launched in India through a partnership with Axis Bank, bringing Apple's contactless payments service to one of the world's largest and fastest-growing digital payment markets. The move marks a significant expansion for Apple's financial services and puts it in direct competition with established Indian payment platforms like UPI-based apps.