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Tuesday 20 August 2019

Apple starts rolling out Apple Card for all users in US

Earlier this year, Apple introduced ‘Apple Card’ a new kind of credit card that is built into the Apple Wallet app on the iPhone as well as a physical credit card. The preview program invitation started rolling out to a few customers earlier this month. Now, after rolling out the preview program, Apple is officially rolling out Apple Card for all US customers. Apple Card is now rolling to all users in the US and users can apply for the credit card starting today. Along with the roll out, Apple is also extending 3 per cent Daily Cash to more merchants and apps like Uber and Uber Eats. Users will receive 3 per cent Daily Cash when they use Apple Card with Apple Pay for Uber and Uber Eats. Apple says that it will continue to add more popular merchants and apps in the coming months. Apple has partnered with Goldman Sachs and Mastercard to provide the support of an issuing bank and global payments network. When a user signs up for Apple Card, the information is sent to Goldman Sachs and the approval/denial status is intimated to the user in less than a minute. Once the card is approved, it will show up on the user’s Apple wallet instantly. ...