Apple swaps card to JPMorgan
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: JPMorgan Chase will become the issuer of Apple’s credit card under a deal announced late Wednesday, with the card remaining on Mastercard’s payment network as current issuer Goldman Sachs exits the consumer lending sphere. The transition for the $20 billion card portfolio marries the tech behemoth’s base of customers for Apple smartphones, watches an ...