At WWDC the only piece of new hardware (technically) that was announced as the brand new credit card from the Cupertino Giant called Apple Card.
"We're thrilled with the overwhelming interest in Apple Card and its positive reception", Bailey exclaimed in a press release.
Available via the Apple Wallet app on the iPhone 6 or later running iOS 12.4, Apple's credit card is managed entirely via the Wallet app. Marcus now has more than $5 billion in loans and more than $50 billion in deposits from some 4 million customers in the United States and Britain. Back in July, Bloomberg had reported that Apple Card was being tested by Apple and Goldman Sachs employees.
Purchases made with the physical card get 1% reimbursements daily, according to Apple. Those in the USA can apply for the Apple Card right now through the Wallet app and, once approved, use the card digitally in minutes.
The wide US launch follows the Apple Card's preview period earlier this month, during which a limited number of customers were invited to apply early.
Apple says it will "continue to add more popular merchants and apps in the coming months".
Support for Apple Card has been simplified as well and users can connect with customer support by simply sending texts from the Messages app. Moreover, the 3% Daily Cash rewards program also applies to select merchants, including Uber and Uber Eats. The merchants being added today include Uber and Uber Eats, so when you use your Apple Card to pay for those services, you get 3% cash back as if you were purchasing from Apple directly. If you're confused on how to find your Apple CardDaily Cash, don't worry, we have you covered! Customers who are approved can start using the credit card immediately with Apple Pay in stores, in apps and on websites.
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Selling partners may be forced to choose between increasing their prices, reducing their own costs, or stop selling entirely. If another country - such as Spain - were to enact a tax similar to France, that tax could compound, he said.