Apple is Ending Its Credit-Card Partnership With Goldman Sachs

Apple AAPL.O is pulling the plug on its credit-card partnership with Goldman Sachs Group GS.N, 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 roughly 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.

Read the source article at Nasdaq