Oct 17, 2019 12:30:00

“Apple Card is the most successful credit card ever,” says Goldman Sachs

Two months have passed since the release of Apple's credit card ``

Apple Card '' as of October 2019, but investment bank Goldman Sachs CEO is `` Apple Card is the most successful card ever '' I made clear my view.

Goldman CEO calls Apple Card 'most successful credit card launch ever'
https://www.cnbc.com/2019/10/15/goldman-sachs-ceo-says-apple-card-is-the-most-successful-credit-card-launch-ever.html

Apple's original credit card 'Apple Card' started handling in the United States in August 2019. Apple Card is basically supposed to be used in conjunction with iPhone, there is no annual fee, overseas settlement fee, late fee, and you can receive cash back according to the return rate if you pay via Apple Pay The feature is that you can. Also, 'Privacy is safer than conventional credit cards' is shown as an advantage.

Does Apple's own credit card 'Apple Card' really protect privacy compared to other credit cards? -GIGAZINE

Apple Card is partnering with Goldman Sachs, but Goldman Sachs CEO David Solomon said in October 2019, two months after the launch of Apple Card, `` Apple Card is the most successful so far 'I think it's a credit card.'

“In the past three years, we have collected $ 55 billion (6 trillion yen) in the online loan platform Marcus, created a $ 5 billion (540 billion) loan, and launched a new credit card platform 'Apple Card has been released' 'I'm delighted to see the high demand for Apple Cards since August. From the perspective of operations and risk, we've handled inflows smoothly without compromising credit underwriting standards. ”Says Solomon.

Goldman Sachs is preparing “next-generation electronic trading platform” and “financial management business for corporations” at the time of article creation, and by combining these, Goldman Sachs has been doing Apple's 'investment' is expected to be collected in a short time.