Apple, a digital and physical credit card, “Apple Credit Card” announced a useful service. Users can easily make transactions with their iPhone accounts.
The company says that the registration takes only a few minutes, and then the credit card can be used immediately in stores, applications or online worldwide. Apple has partnered with Goldman Sachs and Mastercard for credit cards.
After spending, Apple Card users are offered real-time views of their latest transactions through the Wallet application. The credit card uses machine learning and Apple Maps to tag business transactions with vendor names and locations. Purchases are automatically collected and color coded in categories such as Food & Beverage, Shopping & Entertainment and more. At the end of the week and at the end of the month, the Wallet app shows how much users spend to visualize their past financial resources. The company also provides 24/7 customer support via Messages.
Let’s say that the credit card has no fees. The company says Apple Card’s goal is to provide the lowest interest rates in the industry. Apart from that, if a customer delays the payment, he / she will not be charged a fee. Note that the physical card, which can be used in places where Apple Share is not accepted, is made of titanium material. It has a stylish design and does not include card number, CVV, expiration date and signature.
When will the Apple Credit Card be available?
You will find out exactly what credit card will be available this summer.