New Apple Card(Apple Pay)

💻Apple Cardis coming in August, meeting its broad release deadline for "summer". Although we still don't know the date that Apple's credit card for iPhone users will launch, we do know that Apple employees have been beta testing the payment card. Taking on its own credit card, rather than piggybacking on your bank card, is a bold move for Apple that no other media giant has sought, even Google and Samsung, two companies that also have robust mobile payment systems may not follow Apple's footsteps.

🖥Backed by Mastercard and Goldman Sachs, Apple's brand-new credit card lets you pay for goods and services online and in stores. Apple Card is different from Apple Pay but builds on that feature, it's a mobile payment system based on your existing credit card that Apple has had in place since 2014.

📱You're brimming with questions, and so are we. Will a digital Apple Credit card finally make mobile payments ubiquitous? What kinds of perks will owners be able to get? How will it affect their credit if they switch phones? Unfortunately, we don't have all the information yet, but Apple will release more before the Apple Card's official launch.