Business Standard

Monday, December 23, 2024 | 11:11 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Apple to take on Facebook, Paytm with digital payments within iMessage

To be seen if global players are able to make a dent in India's fast-growing digital payment space

Apple to enable digital payments within iMessage
Premium

An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City.<b>Photo: Reuters</b>

Alnoor Peermohamed Bengaluru
Apple has announced that it will enable person-to-person (p2p) payments within its instant messaging service iMessage with the roll-out of its latest mobile operating system iOS 11 later this year.
The service will be made available through Apple Pay, the company's proprietary payment service that currently allows users to pay for things in stores, on the web and within apps. 
While Apple Pay is not available in India yet, over the past one year the company has made at least five patent applications with the Indian patent office for innovations related to digital payments. The announcement was made on Monday at its

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in