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Apple is in discussions with JPMorgan Chase for the bank to take over the tech giant’s flagship credit card program from Goldman Sachs, a person with knowledge of the negotiations said.. The ...
Analysts interpreted his comments as a signal the card operations were losing money. When Apple first shopped the deal with potential partners, other banks including JPMorgan Chase passed because ...
Apple Card is a credit card created by Apple Inc. and issued by Goldman Sachs, designed primarily to be used with Apple Pay on an Apple device such as an iPhone, iPad, Apple Watch, or Mac. [ 1 ] [ 2 ] Apple Card is available only in the United States , with 12 million cardholders as of early 2024.
Goldman Sachs maintains that "Apple Card is one of the most consumer-friendly credit cards that has ever been offered," a spokesperson said in a statement to CBS MoneyWatch.
Apple Pay is a mobile payment service by Apple Inc. that allows users to make payments in person, in iOS apps, and on the web.Supported on iPhone, Apple Watch, iPad, Mac, and Vision Pro, Apple Pay digitizes and can replace a credit or debit card chip and PIN transaction at a contactless-capable point-of-sale terminal.
The J.P. Morgan Reserve Card, formerly branded and colloquially known as the Palladium Card, is a credit card issued by J.P. Morgan [nb 1] on the Visa network. It is reserved for the wealthiest clients of the firm's global private bank. [1] [2] The card is minted out of a brass alloy, laser-engraved, and plated with metal palladium and 23-karat ...
A federal regulator on Wednesday ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving consumers and mishandled transaction disputes of Apple Card customers. Apple failed to ...
Goldman Sachs declined to comment, while Apple did not immediately respond to Reuters' requests for comment. JPMorgan in talks with Apple over Goldman credit card partnership, source says Skip to ...
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