Apple Card roll-out begins with select users: All you need to know

Apple Card is both a digital and a physical credit card but doesn’t need to have number, CVV security code, expiration date or signature on the card.

By: INDO ASIAN NEWS SERVICE
| Updated on: Aug 20 2022, 16:09 IST
Apple Card inches closer to commercial launch
Apple Card inches closer to commercial launch (Apple)

Apple has begun the preview roll-out for its 'Apple Card' to a select group of customers who had signed up to be notified about the release of the card.

The sign-up process requires iPhones running iOS 12.4. Users would have to enter their personal information like their address, birth date, income level and last four digits of social security number, news portal GSMArena reported on Tuesday.

You may be interested in

MobilesTablets Laptops
9% OFF
Apple iPhone 15 256GB
  • Black
  • 6 GB RAM
  • 256 GB Storage
9% OFF
Apple iPhone 15 Plus 256GB
  • Black
  • 6 GB RAM
  • 256 GB Storage
18% OFF
Apple iPhone 12
  • Black
  • 4 GB RAM
  • 64 GB Storage
12% OFF
Apple iPhone 13
  • Blue
  • 4 GB RAM
  • 128 GB Storage

That information would further be sent to multinational investment bank Goldman Sachs, which would approve or decline the application in real time. According to Apple, the process should take less than a minute.

Also read
Looking for a smartphone? To check mobile finder click here.

The Apple Card is both a digital and a physical credit card that requires no number, CVV security code, expiration date or signature on the card. It comes with benefits like instant approval, zero fees on missing deadlines or going over the limit and daily cashback on purchases.

Apple Card uses Machine Learning (ML) and Apple Maps to clearly label transactions with merchant names and locations. Purchases are organised by colour-coded categories such as Food and Drinks, Shopping and Entertainment.

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on Whatsapp channel,Twitter, Facebook, Google News, and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 07 Aug, 18:27 IST
NEXT ARTICLE BEGINS