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In brief: Visa would be ready to put $100 million for Apple Card

The battle around the Apple Card is definitely far from over. The Apple Card is the result of a close partnership between Apple and US bank Goldman Sachs, and would represent a financial abyss for Goldman Sachs, who search to disengagement of this partnership. The two actors had also been Convicted for deceptive commercial practices at the end of 2024. And despite this news, the three American schemes are currently fighting to manage the Apple Card.

MasterCard has been managing Apple Card since its inception. But exclusive information from the Wall Street Journal would reveal that Visa would have offered as much as $100 million to recover Apple Card and its about 12 million users in the United States.

However, the global payment network is not the only one interested in the market as American Express would also be positioned, without MasterCard being ready to drop its contract, valid until 2026.

A complete overhaul

The Apple Card will also have to find a new bank partner to survive, while Goldman Sachs has been looking to disengage for several months now.



Traduit automatiquement via Libretranslate / Automatically translated via Libretranslate