Later next month, iPhone owners running iOS 17.4 will be able to generate a virtual card number for spending Apple Cash when Apple Pay isn’t an online option, according to reports from Reddit users running the latest iOS 17.4 beta (via 9to5Mac). An Apple Cash pre-paid card allows users to send peer-to-peer Apple Pay payments …
Apple is set to finish its credit card partnership with Goldman Sachs, according to a Wall Street Journal report published on Tuesday. People claiming to have knowledge of the matter told the Journal that Apple’s contract with the banking giant will end “in the next roughly 12-15 months,” bringing to an end a troubled tie-up …
Goldman Sachs, Apple’s banking partner for its credit card and high-yield savings account, is seemingly having doubts about those products. According to The Wall Street Journal, Goldman is looking to get out of the consumer lending business, which could have implications for Apple Card and the associated savings account. The report suggests that several senior …
Apple Cards’ savings account, which is supported by Goldman Sachs, has garnered an impressive $10 billion in deposits since its inception in April. The savings account, linked to the Apple Card credit card, offers cardholders the opportunity to save their daily rewards and earn a 4.15% interest per annum. Since its launch, 97% of Savings …