WSJ: Visa and Amex both vying to take over Apple Card

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A battle is apparently breaking out among companies looking to get in on the Apple Card business. According to a new report from The Wall Street Journal, Visa, Mastercard, and American Express are all in talks to become the payment network behind Apple Card…

As a refresher, Goldman Sachs is the bank that currently backs the Apple Card. Mastercard currently serves as the card’s payment network, helping to transmit information between the bank and the merchant. As has been reported…



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WSJ: Visa and Amex both vying to take over Apple Card


A battle is apparently breaking out among companies looking to get in on the Apple Card business. According to a new report from The Wall Street Journal, Visa, Mastercard, and American Express are all in talks to become the payment network behind Apple Card…

As a refresher, Goldman Sachs is the bank that currently backs the Apple Card. Mastercard currently serves as the card’s payment network, helping to transmit information between the bank and the merchant. As has been reported…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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