Fintech
Apple Pay Set to Launch in India With Axis Bank Partnership
Apple Pay is set to launch in India with Axis Bank as its first banking partner, bringing Apple’s payments service to a market dominated by UPI.
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Apple Pay is set to launch in India with Axis Bank as its first banking partner, bringing Apple’s payments service to a market dominated by UPI.
India will introduce a 0.4% merchant fee on select UPI payments over ₹2,000 starting October 15, while consumers and most smaller transactions will remain free.
Navi has raised $100 million from Prosus in its first institutional funding round as the Sachin Bansal-founded fintech prepares for a potential IPO in India.
India has introduced legislation that could allow merchant charges on some UPI transactions, creating a potential new revenue model for the country’s digital payments network.
WhatsApp introduces prepaid mobile recharge services in India, aiming to boost adoption as its payments feature continues to see limited growth.
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