Apple Pay is preparing to enter the Indian market but is encountering pricing challenges as it aims to establish a presence in the country. The global standard for Apple’s credit card transaction fees ranges from 15 to 20 basis points, significantly higher than the approximately 5 basis points commonly observed in India.
Meanwhile, Tata Consultancy Services (TCS) is intensifying its recruitment efforts by focusing on hiring technology professionals with 2–4 years of experience. The company is offering salaries up to Rs 9 lakh per annum and a Rs 50,000 bonus for candidates who join within 30 days of selection. The recruitment process includes a three-stage evaluation comprising an online assessment and in-person interviews.
Furthermore, the surge in demand for gig workers during the summer and major events like the IPL could pose challenges for food delivery and quick commerce firms. Platforms may need to enhance incentives by about 15% to retain riders amidst seasonal migration patterns and workforce shortages.
Source: Tech-Economic Times