Breaking News

Nikon releases the Z5IIC full-frame mirrorless camera Announcing the New ASUS Googlebook 14 Razer Unveils Kiyo V2 Pro 4K Webcam Transcend Launches 64GB DDR5-6400 Embedded DRAM Modules for High-Speed Performance and Enhanced System Stability Hollyland Introduces LARK M3 Wireless Audio System

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

Apple, Goldman Sachs Start Issuing Apple Cards

Apple, Goldman Sachs Start Issuing Apple Cards

Enterprise & IT Aug 6,2019 0

Apple released its virtual credit card on Tuesday, working with bank Goldman Sachs Group on the new iPhone add-on that may help Apple diversify from device sales.

Apple announced the card in March, aiming to draw in iPhone owners by offering a card with 2% cash back on purchases with the Apple Pay service, no fees, an app to manage related finances, and a focus on data privacy.

For Goldman, the issuing bank, the card builds on a foray into its Marcus consumer banking brand, started in 2015.

Apple said a limited number of consumers who expressed interest in the card will start to receive sign-up invitations on Tuesday.

The card is designed to work with the iPhone, where users sign up for the card and can start using it immediately if approved via the Apple Wallet app and Apple Pay system.

Apple offers an option for a physical card made of titanium, but the physical card has no visible number. Instead, the card’s number is stored on a secure chip inside the iPhone, which generates virtual numbers for online or over-the-phone purchases requiring a number.

Apple is saying that purchase information is stored on the user’s iPhone and that it cannot see the information. Goldman will not be allowed to use data for marketing purposes, even for selling other Goldman products.

Tags: Apple Card
Previous Post
Xilinx Debuts Alveo U50 Accelerator To Boost Data Center Compute, Network, And Storage
Next Post
Toshiba's XFMEXPRESS Technology to Power Removable NVMe Memory Devices with Groundbreaking Size to Performance Ratio

Related Posts

  • Apple, Goldman to Let Apple Card Holders Defer April Payments

  • Apple Co-founder "Accuses" Apple For Gender Discrimination When Setting Apple Card Credit Limit Criteria

  • Apple Card Launches Today in the US

  • Apple Announces Apple TV+, Apple News+, Apple Card and Apple Aracade

  • Apple's Strategic Shift Into a Services Company Starts on Monday

Latest News

Nikon releases the Z5IIC full-frame mirrorless camera
Cameras

Nikon releases the Z5IIC full-frame mirrorless camera

Announcing the New ASUS Googlebook 14
Enterprise & IT

Announcing the New ASUS Googlebook 14

Razer Unveils Kiyo V2 Pro 4K Webcam
Consumer Electronics

Razer Unveils Kiyo V2 Pro 4K Webcam

Transcend Launches 64GB DDR5-6400 Embedded DRAM Modules for High-Speed Performance and Enhanced System Stability
Enterprise & IT

Transcend Launches 64GB DDR5-6400 Embedded DRAM Modules for High-Speed Performance and Enhanced System Stability

Hollyland Introduces LARK M3 Wireless Audio System
Cameras

Hollyland Introduces LARK M3 Wireless Audio System

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

SoundPeats Cove Pro

SoundPeats Cove Pro

Akaso Brave 8 Lite

Akaso Brave 8 Lite

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

SoundPeats C30

SoundPeats C30

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed