3 ms·
Apple wants the data but instead of doing something stupid like facebook with Libra they are going the old route and just running a card instead.
by sschueller 7y ago
Apple wants the data but instead of doing something stupid like facebook with Libra they are going the old route and just running a card instead.
- lawnchair_larry 7y agoApple is not a data company. They want money, not data.
- millstone 7y agoApple says "Even Apple doesn’t know what you bought. Or where. Or how much you paid."
- astura 7y agoThey aren't "running a [credit] card," Goldman Sachs is the one doing that. The card is merely cobranded so the Apple involvement is limited to it's name/brand and they get a small kickback on card activities. Same if you got a card for a charity, alumni association, or baseball team.