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Apple launches its first credit card with daily cash rewards, no penalty, low interest
Privacy and Security:
1. A unique card number is created on iPhone for Apple Card and stored safely in the device's Secure Element, a special security chip used by Apple Pay.
2. Every purchase is secure because it is authorized with Face ID or Touch ID and a one-time unique dynamic security code.
Apple is partnering with Goldman Sachs and Mastercard to provide the support of an issuing bank and global payments network. Mastercard will provide cardholders the ability to shop at merchants around the globe. Mastercard will provide cardholders the ability to shop at merchants around the globe.
source: timesnownews.com
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