Tuesday, August 16, 2022

Apple seeks to introduce “credit card” for iPhone users


Izaan Zubair
Technology writer @ WNObserver

A new report revealed that Apple is currently seeking to launch a new Credit Card for iPhone users, and has partnered with Goldman Sachs to develop its credit card in order to provide more options for them to make various purchases and manage their money through them.

According to a report, the cards are expected to arrive by the end of the first half of this year, where Apple aims to allow iPhone users to manage their money and make various purchases better, as the card is expected to be included as an addition to the wallet application Apple Wallet, which will allow users to set their maximum spending and manage purchases and balance easily.

The cards are expected to provide hundreds of millions of dollars in revenue for Apple in the future. Even though the iPhone manufacturer has an Apple Pay service, a special credit card will make it more profitable, with pay and credit card commissions at the same time current situation.


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