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Looking to bring Apple Pay to India, open to operator billing: Tim Cook

Apple CEO Tim Cook told IndianExpress.com in an interview that the company was looking to bring in services like Apple Pay.

Written by Nandagopal Rajan | Updated: May 23, 2016 11:02:34 am
Apple CEO Tim Cook, Tim Cook, Tim Cook in India, Tim Cook Apple Pay, Apple Pay India, Tim Cook India news, Apple CEO, Apple Maps office, Apple India office, technology, technology news Apple CEO Tim Cook in Mumbai during his India visit. (Express Photo by Nirmal Harindran)

Apple Inc CEO Tim Cook told IndianExpress.com in an interview that the company was looking to bring in services like Apple Pay.

“We are also looking at things like bringing Apple Pay. I met one of the key banks and tried to understand how their view of mobile payments would play out,” he said. Cook had met ICICI Bank CEO Chanda Kochhar in Mumbai earlier this week.

Asked if they were looking at operator billing to make paid services more feasible, he said: “In India, that is something we are looking at. Operator billing is something, we don’t need in the US. But in India it is something the customer would want and help us move faster.”

WATCH VIDEO | Tim Cook In India

He said that while Apple Pay was there, “it is important we move faster on scaling on the ability to pay in a manner that is wanted and desired by the customer.”

Indians traditionally don’t pay for mobile services, primarily because the credit card penetration is so low. Compared to Android, iOS has a larger percentage of users who pay for apps and services, given that it caters to a top-end demographic. There has been some improvement in the scenario thanks to mobile wallet services, but operator billing is viewed as the way forward for India.

Earlier this month, Google and Idea announced a move to start operator billing for Google Play services.

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