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Apple Pay, Apple Card and Wallet are facing outages

Apple's financial services, including Apple Pay, Apple Cash, Apple Card and Wallet, have been experiencing service disruptions for some users since 6:15AM this morning, the company reports. As of 10:04AM Eastern, those services still have outage notices on Apple's System Status page. As AppleInsider notes, it's unclear how widespread the issues are, but the company has experienced intermittent Apple Pay issues earlier this year.On a personal note, I was able to use Apple Pay without issue around 9AM to make a pick-up…

Apple plans to end partnership with Goldman Sachs in 12-15 months: Report

Goldman Sachs currently issues the Apple Card and powers the company’s savings accounts. Apple is reportedly ending its partnership with global investment bank Goldman Sachs over its Apple Card.The iPhone maker has sent a proposal to Goldman Sachs, asking it to terminate their partnership within the next 12 to 15 months, according to The Wall Street Journal.“The exit would cover their entire consumer partnership, including the credit card the companies launched in 2019 and the savings account rolled out this…

Apple offers Goldman Sachs out of troubled Apple Card deal: Report

Apple and Goldman Sachs may soon be parting ways on its Apple Card and Apple Savings account financial products, according to a new report from The Wall Street Journal. Surprisingly, Apple is the one to allegedly be proposing to end the deal, which would allow Goldman to exit its current contract with the company within the next 12 to 15 months.There have been recent rumblings that Goldman Sachs has wanted to end its consumer banking services, which the Apple Card has been a flagship product of since its launch in 2019.…

Apple, Goldman Sachs card partnership to end, report claims

Apple is set to finish its credit card partnership with Goldman Sachs, according to a Wall Street Journal report published on Tuesday. People claiming to have knowledge of the matter told the Journal that Apple’s contract with the banking giant will end “in the next roughly 12-15 months,” bringing to an end a troubled tie-up that left Goldman with greater costs than expected. Affected products include the Apple Card, Apple Savings account, and Apple Pay Later. It’s not currently clear if Apple has already arranged…

The amount of money in Apple Savings accounts in four days

On April 17, Apple announced a new Savings account for Apple Card users in the US, in association with Goldman Sachs. Apple said that the Savings account comes with no fees, minimum deposits, or minimum balance requirements. Further, users can easily set up and manage their Savings account directly from Apple Card in Wallet.A report by Forbes claims that Apple Savings has been quite a hit among Apple users in the US. According to the report, close to 2.4 lakh accounts were created in the first four days with close to $1…

About $1 Billion Put Into Apple Savings Accounts in First 4 Days

Apple has learned from enough games of Monopoly that it’s good to be the banker as well as a player. A Monday report from Forbes based on anonymous internal sources claims users deposited close to $1 billion in just four days after Apple introduced its new Goldman Sachs-backed Apple Card savings account.How To Prep Your iPhone or iPad Before SellingWhile the company had previously seen success with its mobile payments platform, the new savings account is already doing gangbusters. After the Cupertino tech giant launched…

Check your Apple Card right now for a crazy 10% cash-back promo

If you’re an Apple Card user, you may want to check if you have a new offer waiting for you that will net you up to 10% cash back on grocery store purchases. Yes, you read that correctly — 10% cash back. Apple is quietly boosting Apple Card rewards with this new promotion that seems to only be available to select users through May 31. The timing of this offer follows the launch of the Apple Card Savings account earlier in the month. Apple Apple has emailed select Apple Card users about this new promo, which grants…

apple: Apple, Goldman Sachs debut savings account with 4.15% annual yield

Apple Inc. introduced a long-promised high-yield savings account with Goldman Sachs Group Inc., turning to a key partner to push deeper into financial services.The new offering will let Apple Card users earn a 4.15% annual yield, more than 10 times the national average, the tech company said on its website Monday. The account has no fees, minimum deposit or balance requirements and can be set up from within the Wallet app.Apple announced the product in October, part of a series of new financial offerings. The idea is to…