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Apple mulls jumping India's digital payment bandwagon with Apple Pay

The company is considering partnering with existing digital payment service providers to integrate its payments services, rather than building a customised payment solution from scratch

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Image via Tech in Asia

BS Web Team New Delhi
Global technology major Apple is gearing up to bring its digital payment solution – Apple Pay -- to India soon, according to a news report in LiveMint.

The company is mulling partnering existing digital payment service providers such as PayTm to integrate its payment services, rather than building a customised payment solution from scratch to meet the requirements. This will not only accelerate the rollout process but also enable the company to have a substantial user base.

Following the digital India initiative, which gathered steam after the government’s demonetisation drive last year, many new players, including banks and telecom operators,