New Delhi: Veteran tech company Apple can soon launch the Apple Card in India. The card was launched in the US about four years ago. Through this, many attractive offers are made available to users by connecting Apple hardware and software. These offers also include cash back, loans at a low-interest rate, and many other facilities.
According to media reports, Apple can launch it in partnership with Goldman Sachs with a titanium finish. Earlier, it was believed that it could be launched in Canada or Britain, but now the chances of India getting priority have increased.
Some websites report that talks are underway with various banks and institutions in the country to launch the Apple Card. The company’s CEO, Tim Cook, met HDFC Bank CEO and MD Shashidhar Jagidshan during his visit to India in April. It has been said in unconfirmed reports that the Reserve Bank of India (RBI) may also do its branding.
The Cupertino firm recently released Apple Stores, and with no sign of Apple Pay launching in the country, it doesn’t make sense for the company to be preparing for an Apple Card release. Even though India is a huge market opportunity for Apple, its location is closer to other third-world countries like Brazil than the US, which means that the services offered by Apple in the country can expand.
India is a big second-hand market for iPhones, and the company usually promotes the cheapest model here. In fact, India has all the potential to manufacture Apple products, get new stores, get Apple Pay, and even get an Apple Card, which will be launched soon.