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APPLE TO END CREDIT CARD PARTNERSHIP WITH GOLDMAN SACHS
AppleMagazine
|December 01, 2023
Apple is pulling the plug on its credit card partnership with Goldman Sachs, the Wall Street Journal reported this week.
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The tech giant recently sent a proposal to the Wall Street bank to exit the contract in the next 12 to 15 months, the report said, citing people briefed on the matter. Apple and Goldman had started to roll out a virtual credit card in 2019.
The exit would cover their entire consumer partnership, including the savings account rolled out this year, the report added.
This story is from the December 01, 2023 edition of AppleMagazine.
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