Apple Pay plans India launch next month starting with Axis Bank

Apple is poised to launch Apple Pay in India next month using Axis Bank credit cards, according to three sources familiar with the matter.

Axis Bank, India's fourth-largest credit card issuer, will initially serve as the sole major banking partner for the rollout.

Apple also discussed terms with HDFC Bank and ICICI Bank, while UPI dominates 84 percent of India's digital payments volume.