At Apple’s latest services event which took place on Monday in California, featuring CEO Tim Cook alongside a star-studded guest line up which included Oprah Winfrey and Reese Witherspoon, a number of new offerings and innovations were unveiled.
Perhaps the most exciting of these for those of us in the fintech space is Apple Card, a credit card developed by the technology giant and issued by Goldman Sachs and MasterCard.
The card, which is at present only available in the US, will have a physical and digital version and acts as an extension of Apple Pay.
Apple says it represents all things Apple stands for: “simplicity, transparency and privacy”, and that the new payment solution “builds on the incredible ease and security that millions of people love about ApplePay”.
Here are five key points about Apple’s new credit card: