(AFP photo)SAN FRANCISCO: Apple is working with financial giant Goldman Sachs on a credit card that would carry the iPhone maker's digital wallet logo, according to a report Thursday in the Wall Street Journal. A media report says Apple is working with investment giant Goldman Sachs on a co-branded credit card promoting the Apple Pay digital walletThe move comes as Apple puts increasing focus on revenue from online services and content, and as Goldman Sachs seeks to make more money from consumer banking operations. A joint credit card bearing the Apple Pay brand could launch early next year, and replace a rewards-card partnership Apple has with Barclays, according to the Journal. A 31% rise in services to $9.2 billion was credited to revenue gains from Apple Pay, Apple Music and other programmes. Goldman Sachs Bank USA last month acquired personal finance startup Clarity Money.

Source: Bangkok Post May 11, 2018 02:37 UTC