Report: Apple and Goldman Sachs to partner on consumer credit card


A new report says that Apple will partner with Goldman Sachs to offer an Apple Pay credit card. This would also replace the current credit deal with Barclays.

The Wall Street Journal

The partnership will extend into other services including Goldman offering in-store loans to Apple customers buying iPhones and other gadgets, an effort The Wall Street Journal reported on in February.

Apple and Goldman are still hashing out the terms and benefits of the planned card including the perks for customers, these people said. The current Apple credit card with Barclays offers interest-free financing on Apple devices and points toward Apple gift cards.

The new credit card could reportedly launch early next year.