Apple has been looking to launch its payment feature called Apple Pay in India for some time now but it hasn't successfully negotiated the terms with local authorities. Well, according to people familiar with the matter, the company is again in talks with the local regulatory bodies, specifically, the NPCI - a special division of India's central bank Reserve Bank of India. Currently, all payment methods in the country work atop of the UPI, which is a popular payment method in South Asian markets. Walmart's PhonePe, Google's GPay and Paytm are all compliant with UPI and work in...
Apple Pay is finally making it to South Korea, around eight years after it was initially launched. The arrival of the service in Samsung's home country has been talked about quite a bit recently, and today Apple confirmed the move in the Korean version of its press release announcing the new yellow iPhone 14 and iPhone 14 Plus models. The machine translated relevant paragraph sounds like this: In addition, as Apple is about to launch Apple Pay in South Korea, Korean users will be able to make easy, fast, and secure payments using Apple Pay on their iPhone, including the new iPhone...
Apple Pay will finally become available in Samsung's home country of South Korea "in the coming months", in partnership with Hyundai Card, the credit card service unit of Hyundai Motor Group. The launch of Apple Pay will be interesting to follow, as it will go head to head with Samsung Pay in the latter's home market. Understandably, so far Samsung Pay has dominated the mobile payments space in South Korea, with a market share of around 80%. Last week, Korea's Financial Services Commission confirmed that credit card firms in the country are allowed to launch the Apple Pay service on...
Apple Pay will finally become available in Samsung's home country of South Korea "in the coming months", in partnership with Hyundai Card, the credit card service unit of Hyundai Motor Group. The launch of Apple Pay will be interesting to follow, as it will go head to head with Samsung Pay in the latter's home market. Understandably, so far Samsung Pay has dominated the mobile payments space in South Korea, with a market share of around 80%. Last week, Korea's Financial Services Commission confirmed that credit card firms in the country are allowed to launch the Apple Pay service on...