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Can Apple Pay Clear The Way For Two Factor Payments in India? Apple introduced a new system called Apple Pay where you hold the phone next to a little device at a shop, and touch a button, and voila, the payment is made. ... Deepak Shenoy Sep 10, 2014 Mobile Payments in India – Easy! (With IMPS) There’s a new way to pay people. If you have a mobile phone (who doesn’t) and a bank account with about nine banks, you can transfer money from ... Deepak Shenoy Jun 02, 2011