Apple Planning its own Credit Card
Apple and Goldman Sachs are working together on an Apple MasterCard credit card that would integrate with Apple Pay and offer 2% cash back. The Wall Street Journal reports that the card would offer unique software features in iPhones, such as setting spending goals, tracking rewards and managing balances from within Apple's Wallet app. Goldman has never offered a credit card before, and is spending $200 million to build the infrastructure to support the new card. The product is about to enter testing with Apple employees. The companies plan to launch it for consumers later this year.
Mar 25, 2019
Apple today launched its own branded credit card: Apple Card. Starting this summer, customers can sign up for the card on their iOS device in minutes, and use it immediately with Apple Pay.
May 27, 2020
This summer, Samsung will launch Samsung Money by SoFi, a new financial product integrated with Samsung Pay. Like Apple Card, Samsung Money can be used as a payment method with the wallet app (Samsung Pay), the account is managed within the wallet app, and the product also includes a physical payment card.
Feb 20, 2018
Google today released Google Pay, the revised payment application and service that replaces Android Pay. Google Pay encompasses most features of Google Wallet and Android Pay in a single app, allowing people to use Google Pay to make payments online and via mobile devices.
Jun 18, 2019
Facebook today announced Libra, a new digital currency that aims to combine the best features of other cryptocurrencies in order to be more consumer-friendly. The currency will be administered by the Libra Association, a new non-for-profit based in Geneva.
Feb 11, 2020
Samsung today announced its new flagship phones for 2020: the Galaxy S20, Galaxy S20+, and Galaxy S20 Ultra. In the US, all three models support 5G and are powered by Qualcomm's newest top-end Snapdragon 865 chipset paired with 12 GB of LPDDR5 RAM.