Apple Card most likely to present worldwide, Goldman Sachs officer states

0
389
2019-03-25-10-32-33

Revealed: The Secrets our Clients Used to Earn $3 Billion

Apple Card might reach global markets after it’s introduced in the United States.


Screenshot by Jessica Dolcourt/CNET

Apple’s charge card might concern global consumers following its United States launch, according to Goldman Sachs International’s CEO.

The Apple Card, which is both virtual and physical, was exposed at the tech giant’s occasion Monday. Apple kept in mind that it’s partnering with financial investment bank Goldman Sachs and Mastercard to launch the card.

applecreditcardpic


Now playing:
Watch this:

The Apple Card is Apple’s new no-late fee credit card



1:52

We know it’ll work globally, but no mention was made of an international release. However, Goldman’s Richard Gnodde later told CNBC that it’s likely.

“With that product, we are going to start in the US but over time, absolutely, we will be thinking of international opportunities for it,” he said Tuesday.

Apple said Apple Card will be available in the US this summer and didn’t have any further details to share.

Goldman didn’t immediately respond to a request for further comment.

First published at 5:36 a.m. PT.
Updated at 6:35 a.m. PT: Adds background.