Apple Card Set to Expand to India: A Potential Launch Four Years After Its US Debut
The Apple Card, a credit card that integrates Apple’s hardware and software benefits, may soon expand its reach beyond the United States. Launched four years ago, the Apple Card aims to eliminate fees, reduce interest rates, and offer cashback rewards through a user-friendly interface in the Wallet app. While speculation had previously centered around potential expansions to Canada or the UK, recent reports suggest that India could be the next country to embrace the Apple Card.
According to sources cited by MoneyControl, Apple is engaged in discussions with banks and regulators in India to introduce the Apple Card to the Asian market. These discussions apparently took place during CEO Tim Cook’s visit to India in April, where he met with HDFC Bank CEO and MD Sashidhar Jagdishan. Interestingly, these talks coincided with Apple’s expressed interest in launching Apple Pay in the country, leading to ongoing discussions with the National Payments Corporation of India (NPCI) regarding possible collaborations.