Apple to end credit card partnership with Goldman Sachs - WSJ


FILE PHOTO Apple logo is seen on the Apple store at The Marche Saint Germain in Paris France July 15 2020.  REUTERSGonzalo FuentesFile Photo

FILE PHOTO: Apple logo is seen on the Apple store at The Marche Saint Germain in Paris, France July 15, 2020. REUTERS/Gonzalo Fuentes/File Photo

(Reuters) - Apple is pulling the plug on its credit card partnership with Goldman Sachs Group, the Wall Street Journal reported on Tuesday.

The tech giant recently sent a proposal to the Wall Street bank to exit the contract in the next 12 to 15 months, the report said, citing people briefed on the matter. Apple and Goldman had started to roll out a virtual credit card in 2019.

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