Visa Wants to Take Over $20 Billion Apple Card Business
Visa has reportedly offered to hand over $100 million to Apple in order to take over payment processing for its credit card, replacing Mastercard. The offer comes as Apple is in the process of replacing Goldman Sachs as the issuing bank of Apple Card after that company decided to get out of the consumer lending business. The offer was reported on Tuesday by the Wall Street Journal, which says...
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