article thumbnail

Apple Updates Wallet App To Reflect iPhone Financing For Apple Card Users

PYMNTS

The Apple Card is planning to offer 0 percent installment financing on iPhones by the end of 2019, 9to5Mac reported on Saturday (Dec. During Appleā€™s October earnings call , chief executive officer Tim Cook hinted that the Apple Card was planning 24-month 0 percent financing for iPhone purchases. Apple Card?

Apple 139
article thumbnail

Why (Win Or Lose) Apple Card May Already Be Changing Payments

PYMNTS

In technology, especially when it comes to consumer-focused technology, Apple is viewed as a disruptive force. The digital card will be linked to Apple Pay. Apple Card is set to be available starting this summer. The duality of physical and digital cards seems to have sparked at least some mulling from other firms.

Apple 200
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

In First Month, Goldman Extends $10B In Apple Card CreditĀ 

PYMNTS

Goldman Sachs said it doled out about $10 billion in credit lines in just over month for the Apple -branded credit card, Bloomberg reported on Friday (Nov. According to regulatory filings made public this week, Apple Card? There are no fees with the card, and it integrates with Apple Pay and the iOS Wallet app.

Apple 129
article thumbnail

Citi hires card execs from Chase, Apple Card and Amex

Payments Source

Citi is beefing up leadership in its consumer card lending operations by recruiting Chase exec Pam Habner ā€” credited with engineering the success of Chaseā€™s Sapphire Reserve card ā€” and former Citi exec Chris Fred, who will return after several months running the Apple Card business at Goldman Sachs.

Apple 122
article thumbnail

Apple Users Report Outages, Service Restored

PYMNTS

Users of Apple Music, TV+ streaming service and the App Store experienced problems accessing the services Tuesday (Sept. Apple did not immediately respond to a request for comment. At press time, all Appleā€™s services have been restored, 9to5 reported. At press time, all Appleā€™s services have been restored, 9to5 reported.

Apple 216
article thumbnail

EU Could Force Apple To Share Payments Tech With Competitors

PYMNTS

The European Union (EU) could pass new laws that would make it mandatory for Apple to share the payments technology in its iPhones, according to a report from Bloomberg. Documents obtained by Bloomberg mention NFC, which is used to handle wireless signals that let users make payments on their devices at store terminals instead of on cards.

Apple 281
article thumbnail

Goldman Extends $10B In Apple Card Credit In First Month

PYMNTS

Goldman Sachs said it doled out about $10 billion in credit lines in just over month for the Apple -branded credit card, Bloomberg reported on Friday (Nov. According to regulatory filings made public this week, Apple Card? There are no fees with the card, and it integrates with Apple Pay and the iOS Wallet app.

Apple 127