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Rumor: Visa, American Express, others look to take over management of the Apple Card

In as much as Goldman Sachs is looking to get out of the Apple Card business and being the Apple Card’s financial backer, a small war seems to be breaking out as Visa, Mastercard, and American Express are apparently in talks to become the new payment network behind Apple’s credit card. At present, Goldman Sachs […]

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Apple currently in discussions with other financial institutions to take over Apple Card backing

Even if Goldman Sachs is looking for a way out of backing the Apple Card, Apple is currently in talks with at least three potential companies to take over Goldman’s end of the Apple Card partnership. According to Reuters, Apple is in talks with Barclays, Synchrony, and JPMorgan Chase. Goldman Sachs had reportedly approached American […]

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Apple Pay expands to Paraguay, launches under Mastercard and local banks

The Apple Pay International Expansion Tour continues with the contactless payment method becoming viable for your upcoming trip to Paraguay. Per a recent blog post via Mastercard, Mastercard announced that cards issued by Banco Continental, Itau, and Ueno Bank can all be added to Apple Wallet and used with Apple Pay. While Apple Pay is […]

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Tap to Pay on iPhone launches in Italy

Apple’s Tap to Pay on iPhone technology launched in Italy on Thursday, allowing sellers to use the iPhone as a contactless payment terminal. As with other international launches, the feature allows retailers to use the NFC chip inside more recent iPhones to accept debit and credit card payments alongside Apple Pay and other digital payment […]

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Apple and Goldman Sachs to dissolve Apple Card financial relationship in 12 to 15 months

Sometimes incredibly complex premium credit card banking and finance deals don’t work out in the long run. Per the Wall Street Journal, Apple will be ending its Apple Card credit card partnership with Goldman Sachs within the next 12 to 15 months. It’s unknown as to whether Apple has established a new partnership for the […]