Apple Rolls Out First iOS 12.3 Developer Beta

Oscar Cross
March 30, 2019

'We think the breadth and quality of publications within Apple News+ will encourage more people to discover stories and titles they may never have come across before.

Apple now has a credit card - seriously. Update | 1:53 PM: According to 9to5Mac, iOS 12.3 does indeed include the updated Apple TV app, complete with the new Apple TV Channels feature.

The Apple Card credit card will launch this summer, the company confirmed.

The so-called Apple Card is in many ways very different from standard credit cards. The card, as showcased during the company's "Special Event", is an actual credit card made out of titanium with minimalistic looks showing just the name of the cardholder, an integrated chip and the Apple logo. That used Apple Pay Cash, which lived in the Wallet, but Apple Pay Cash no longer accepts payments from a credit card as of yesterday.

Apple also claims Apple Card doesn't store any user transaction information.

For anyone wondering how exactly they are going to pay for these three new services, Apple had a surprising answer: The Apple Card, an own-brand credit card tied in to an iOS-exclusive app and created in partnership with Goldman Sachs and Mastercard.

Apple Card carries no fees at all, making it flawless for those looking for a new card. In a note to investors Goldman Sachs analyst Rod Hall said it was unlikely the new services would boost Apple's earnings in the short term but "are interesting from a platform churn point of view".

Apple says its card will offer interest rates that are among the lowest in the industry. Customers have the choice of getting an Apple Pay Cash Card contained in the Apple Wallet app. Let's dive in to see some more details on the matter and whether Apple has added forward-facing additions to the table. Customers will also get 3 percent Daily Cash on all purchases made directly with Apple, including at Apple Stores, on the App Store and for Apple services. USA banks like Capital One are also already starting to experiment with limited-use card numbers, assigned to retailers as needed. That led some observers to speculate Apple would penalize late payers by raising their interest rates.

While it may not be the revolutionary change Apple is making it out to be, it is an interesting boost to the tech giant's digital wallet.

Issuing banks retain control of approving customers for cards, often using data the retailer has on shoppers as part of the process, the person said. This may be a veiled dig in Facebook, which tracks every web browsing activity that you do, and after that serves your advertisements in the timeline based on your character sketch that it might have developed.

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