Tuesday, 24 March

Tuesday, 24 March2026

Apple Pay Eyes Indian Market Expansion Amid Significant UPI Pricing Challenges

By Isha
Apple Pay Eyes Indian Market Expansion Amid Significant UPI Pricing Challenges
Apple Pay is reportedly exploring a formal entry into India’s booming digital payments sector, yet it faces a steep hurdle regarding pricing. While the Unified Payments Interface (UPI) dominates the landscape, its zero-merchant discount rate (MDR) policy conflicts with Apple’s traditional fee-based model. To succeed, the tech giant must navigate India’s unique regulatory environment and find a sustainable way to monetize its services.
Read full story at Economic Times

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