Apple will release its credit card !

in #money6 years ago

Apple is preparing to issue a credit card under the Apple Pay brand together with the Goldman Sachs investment bank.

The card will be released into circulation at the beginning of 2019, according to The Wall Street Journal .

Apple Pay will help both companies overcome the difficulties they face in their businesses. Within the framework of partnership, Goldman Sachs will offer a loan to "Apple" users. Apple currently has 0.15% of all digital payments through the iPhone, and can get twice as much revenue as the new card is put into use.

At present the card's parameters are agreed. Both sides have been commenting on the issue.

It should be noted that Apple currently cooperates with Barclays Bank. Goldman Sachs will replace Barclays in this partnership. Last year, Apple has tested the function of money transfers through the iPhone, and in some countries this function has been applied this year...

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