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Apple Pay set to launch in India without UPI support

Published

12 August 2026

Topic

regulatory

Sectors

Fintech

Geography

India

Source

Read at medianama.com

Verified

Fusion42 · 22 August 2026 · Fusion42 review

Apple Pay is set to launch in India by October 2026 supporting only Visa and Mastercard cards, without UPI integration due to pending regulatory approval and disputes over interchange fees with Indian banks.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ The Wire takeaway

Apple’s entry without UPI support opens a niche for credit card-based payments in India, forcing fintech founders to rethink market access strategies around regulatory bottlenecks and legacy fee structures.

Coverage

1 source · 12 Aug 2026

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Topics

Fintechapple-payupiindia-paymentsregulatory-approvalinterchange-fees