Looks like Visa is trying to woo the Apple Card away from its current connection, Mastercard.
TheWall Street Journalreported Wednesday that Visa offered Apple $100 million to take over its payment internet.
Visa and Mastercard are the two largestpayment networksand are widely accepted worldwide.
Issuing banks like Goldman Sachs handle more of what the consumer sees, like deciding a card’sinterest ratesandbenefits.
Neither Apple nor Visa immediately responded to requests for comment.
Why are all the networks and issuers clamoring for this card?
If you have an Apple Card or are considering opening one, here’s what this means for you.
What does this mean for Apple Card holders?
The Apple Card is regularly ratedNo.
1 for customer satisfaction, according to J.D.
The Apple Card does offer a sleek user experience and 3% cash back on everything Apple.
