JPMorgan Chase could become Apple’s new credit card partner

It has been almost six and a half years since the launch of the Apple Card, a credit card developed by Apple in collaboration with Goldman Sachs and Mastercard.

Now, 9to5Mac reports that Goldman Sachs is considering pulling out of the partnership with Apple, even though the current agreement runs until 2029.

If this is the case, Apple is believed to turn to JPMorgan Chase as a replacement, but there may also be talk of a collaboration with American Express, Capital One or Synchrony.

In this context, it should be mentioned that Apple Card is still only available in the US, despite stated plans for an international launch. There are many indications that Canada is next in line, as Apple has applied for trademark protection for Apple Card in the country.

According to earlier information, Apple is also in discussions with financial authorities in Europe, but expect it to take a while before Apple Card is available in Sweden, Finland, Denmark and Norway.

This article originally appeared on ComputerSweden.

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Source:: Computer World