Why Is Apple Pay Not In India Lack Of Market Share Or Regulatory Hurdles
We have analyzed multiple factors and come up with possible reasons why Apple Pay is not available in India. 1. Single-digit market share India is a price-sensitive market wherein the average selling price of smartphones stood at $156 in 2020. However, prices for iPhones in India start at around $500. Needless to say, iPhone’s market share in India is still lingering in the single digits. Apple caters to the premium segment in India, and thus, it isn’t easy to drive the numbers....