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Apple Debuts Apple Card, A Virtual (And Physical) Credit Card

PYMNTS

And so a tech giant gets into the credit card game. And not just any tech giant – it’s Apple, the company whose payment services were touted (by at least some) as a credit card killer. News came Monday (March 25) that Apple – specifically, through its payments service Apple Pay – has launched the Apple Card.

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Apple Buys Mobeewave For $100M

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Apple has purchased Canadian company Mobeewave , which will allow it to create mobile pay hubs out of iPhones, Bloomberg reported. Mobeewave specializes in letting shoppers utilize their smartphones to access a credit card and process payments. The deal went down for $100 million, according to sources quoted by Bloomberg.

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Apple Card Users Get Pass On March Payment, Interest

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As a way to provide some financial pressure that people could be experiencing as a result of the coronavirus, Apple alerted Apple Card customers by email that they will be allowed to skip their March payments without incurring interest charges. β€œWe This is the latest move from Apple regarding the coronavirus pandemic.

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Apple Card Applications Open To Select Customers

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As Apple makes a broader push to expand its services business, the technology company has invited certain customers to apply for the Apple Card. The card is in partnership with Goldman Sachs , and Apple CEO Tim Cook said during the company’s third quarter earnings call that it would be released in August, CNBC reported.

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Apple Card Extends Payment Deferment Option

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For the third consecutive month, Apple and Goldman Sachs are allowing customers to skip their Apple Card payments without interest charges due to the financial impact of the coronavirus pandemic. β€œWe While customers can take advantage of the payment respite, any purchases made with the Apple Card must eventually be paid.

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Apple Debuts Apple Card, A Virtual (And Physical) Credit Card

PYMNTS

And so a tech giant gets into the credit card game. And not just any tech giant – it’s Apple, the company whose payment services were touted (by at least some) as a credit card killer. News came Monday (March 25) that Apple – specifically, through its payments service Apple Pay – has launched the Apple Care credit card.

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Tapping Into Mobile Payments And Retail Technology Amid Digital Shifts

PYMNTS

As retailers scramble to capture the digital shift, it’s easy for some overlooked details, such as unanswered customer complaints, to harm their brands. To prevent this, a new category is emerging around the area of online reputation management , with a luxury automaker among the latest brands to embrace the technology.

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