Apple teams up with Goldman Sachs to bring a credit card to market

a Cupertino, (CA) .- Apple today announced an alliance with one of the largest investment banks in the world, Goldman Sachs, to market its own credit card, Apple Card, which will have both physical and digital versions and will not charge commissions of any kind.

To obtain it, users must request the card through their digital wallet of the iPhone, the Apple Wallet.
In addition to Goldman Sachs, the company that runs Tim Cook has also reached an agreement with MasterCard to carry out the payment process.

The card can be used in any establishment that accepts the payment system of the company, Apple Pay, and will compensate all purchases with a “premium” of 2% of the money spent (3% in the case of purchases of Apple products), in case of using the digital version and 1% if the physical card is used.

“We all need them, but there are some things about the experience of using credit cards that could be much better,” Cook said during the presentation, referring to “simplicity, the absence of commissions, low interest rates and the best prizes “of Apple Card.

This new service from Apple can be used anywhere in the world without having to pay international commissions as long as Apple Pay is accepted, and it integrates all the usual features of credit cards: check the history of purchases, information about payments and invoices , etc.

The Cupertino, Calif.-based company also explained that it will use artificial intelligence to make store names in the purchase history easier to identify and appear by their full names, rather than acronyms or alternative names.

The company stressed its respect for the privacy of users and assured that Apple will not know “what is bought, where it is purchased or how much was paid for it” and, with respect to security, explained that the physical card does not include a number or date of expiration, since these are registered in the digital version. (EFEUSA)

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

The President of Haiti orders to reinforce security in the face of escalating protests

The president of Haiti, Jovenel Moise, has ordered the main security organizations to mobilize in the face of the protests that are expected to...

Iran already confirms more than 2,500 deaths and 35,000 infections by coronavirus.

The Iranian government has announced this Saturday that 139 people have died from coronavirus in the last hours in the country, up to a...

Russia starts production of COVID-19 vaccine

The Russian Government confirmed this Saturday the start of the production of the vaccine against COVID-19 that it registered this week, with a view...

Patriots and Cowboys win division titles; Seahawks and Texans the jokers

The sixteenth and penultimate round of the National Football League (NFL) left the New England Patriots and the Dallas Cowboys with separate division titles...

Comey leaves special prosecutor to decide if Trump obstructed Justice

Former FBI Director James Comey today accused President Donald Trump of "lying, plain and simple" and, after telling the Senate about the "troubling" situations...