Apple prepares to launch a credit card with goldman sachs

According to information published by The Wall Street Journal , Apple and investment bank Goldman Sachs are negotiating the launch of a new joint credit card that would be marketed under the Apple Pay brand. This card could be launched as early as early 2019.

Apple Pay will also be a credit card

That Apple wants to enter the banking business is something that was seen to come, however now, if the information published by TWSJ is confirmed, there would be no doubt: Apple negotiates with Goldman Sachs the launch of a credit card at the beginning of 2019. This alliance also implies that said bank will offer loans in apple stores for those customers who buy their iPhone, iPad, Mac or any other Apple product.

Although the details of the agreement are still being discussed, "people familiar with the matter" would have assured that this new card will include the usual conditions of this type of banking product, "including benefits for customers", such as interest-free financing for the purchase of products in deferred payment, although reference is also made to points to get Apple gift cards.

Apparently, the partnership with Goldman Sachs could help Apple further spread its Apple Pay mobile payment service. Recently, a report by Loup Ventures indicated that 16% of iPhone users have activated Apple Pay, and that the widespread adoption of the service would occur within a period of 3 to 5 years, thanks to integration with the system. operational, "it is the easiest digital wallet to use."