Apple presents its own credit card



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Apple CardThe Apple Card is white and apple.Apple

On Monday, Apple introduced the next feature of Apple Pay – its own credit card Apple. The Apple Card is issued by the US investment bank Goldman Sachs and is also expected to work on Apple Wallet and Apple Pay applications.

In addition, a bonus system called Daily Cash is integrated, which allows to credit user bonus amounts. Bonuses can be used directly to pay, balance the card or transfer via iMessage. If Daily Cash runs on Apple's external accounts, is still waiting.

For Apple product purchases, the user should benefit from a 3% bonus for transactions greater than 2% for Apple Pay. If the card is used normally in the store or online, there is a bonus percentage. The operation of the system for online purchases with Apple Pay is not yet known.

No renewal fees, late payments or transaction costs abroad

According to Apple Pay Vice President, Jennifer Bailey, the credit card is "designed for the iPhone". Users can request them directly on the iPhone, then use a digital version of the card as soon as the application has been revised. With iMessage and a new Artificial Intelligence application, cardholders can capture information and understand transactions in different views. The balance and account movements can be tracked in the Wallet app, including purchased items, where and when.

With the Apple Card, no renewal, additional payment or transaction costs abroad are due. A new feature of the Apple Wallet Wallet is to bill the user, but the exact interest that is incurred when the card is purchased.

Although users receive a physical card with the Apple Card, they should not have printed a credit card number, expiration date, or security code for security reasons. This information should be visible on the Apple Wallet Wallet, which is unlocked by FaceID or a fingerprint reader. The card operates via the MasterCard network and should be available this summer.


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