Payments News

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Companies

Apple Pay to Charge Slovak Banks 0.2% Transaction Fee

“Apple is to charge participating banks a 0.2% transaction fee when its Apple Pay service launches in Slovakia later this year,according to local newspaper Hospodárske Noviny. A provisioning fee of 1.17 euros (US$1.32) will be charged as well.”
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Companies

Apple, Goldman Tie-Up Is Latest Way for Silicon Valley to Reshape Wall Street

“Citigroup Inc., JPMorgan Chase & Co. and others pitched their services, the people said. Apple instead went with a name little known on Main Street: Goldman Sachs GS -0.18% Group Inc. The elite investment bank will soon roll out an Apple credit card that will sync with an iPhone app, The Wall Street Journal reported last week. The card is part of a broader […]
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Companies

WSJ: Joint Apple and Goldman Sachs to Launch Credit Card

“Apple and Goldman Sachs are readying a joint credit card, according to the Wall Street Journal. The new credit card will integrate with the Apple Wallet app on the iPhone to offer special features like the ability to set spending goals and track purchase rewards. The card would purportedly offer rewards like 2% cashback, and maybe […]
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Companies

How Apple Card Works

“One of the most buzzy announcements on Apple’s stage this week was Apple Card, its in-house credit card powered by Goldman Sachs and Mastercard. Consumers, tech press, financial press and Wall Street were all intrigued for various reasons.”
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Companies

Here’s How the Physical Apple Card Will Be Activated on IOS

“To unlock Apple Card, users will be asked to put it next to their iPhone, which will then display a user interface similar to the one used to pair AirPods, HomePod, and other devices. A simple button press will then do the process of activating the card with the user’s account. This activation process is […]
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