Any update on HDFC + Apple Card or Apple Pay?

[1RC]

Hi Everyone,

Do you guys have any update on HDFC Apple Pay card? Any HDFC insider here who may share some timeline?

I have couple of young professionals in my circle, who I encouraged to get themselves starter credit cards (LTF). Somehow, I still see so many of us Indian's think of credit card as something negative. (This maybe a topic we can discuss/cover in another article).

Now coming to this - most of these young professionals are eligible for HDFC Regalia Gold LTF (Alumni category), however, I am asking them to hold off and wait for Apply Pay Card.

So, if any insiders from HDFC can shed some light on product launches. I'll really appreciate. Albeit I think Regalia Gold (if LTF) is a solid starter card!

Thank you.

 

[CARDBITRAGE]

They will most probably consider launching after Apple Pay goes live in India.

 

[Aditya12]

They will most probably consider launching after Apple Pay goes live in India.

I don’t see that happening. I also heard they might try integrating apple pay with UPI.

 

[CARDBITRAGE]

I don’t see that happening. I also heard they might try integrating apple pay with UPI.

It's definitely happening but it will take time. They are still working things out with the government. With the scale of India's digital payments landscape, we are a pretty big market for them.

 

[pothi]

According to regulatory filings, Goldman Sachs has lost a significant amount of money on the Apple Card partnership thus far.

Apple and Goldman Sachs calling it quits

India launch may not happen in the near future.

 

[Riya Sharma]

Apple and Goldman Sachs calling it quits

India launch may not happen in the near future.

This just shows how rewarding the card was.