Apple started the credit card world on its head on Monday by introducing its own credit card: Apple Card . This is a card you can use to pay for goods and services online and in stores. By taking charge cards, Apple does something that no other media giant has tried, even Google and Samsung, two companies with their own mobile payment system. Apple's complaint is obvious.
You are full of questions, and we are too. Apple Pays VP, Jennifer Bailey, passed us through the Apple Card on the company's special event today .
What is the Apple Card?
Apple Card is a new brand credit card for iPhone ($ 1000 on Amazon) user. It is both a digital card that lives on your iPhone, with a traditional credit card backup that you can use where Apple Pay is not available. (It seems that everyone gets this when they sign up.) But Apple thinks you're using the digital version predominantly.
The physical Apple card is made of titanium and has your name etched on it, just for a little drama, so you can show it by clinking it high on a glass.
Where can I use Apple cards?
You can use the Apple Card in apps, online (eg online stores) and in physical stores, anywhere in the world where MasterCard is accepted. (More about the bank aspect below.)
How do I register for the Apple Card?
Apple Card will live in the Wallet app on your iPhone and you sign up by tapping Apple Short Message in your wallet. Apple will walk you through the registration process. We haven't seen this, but expect it to take a few minutes. This is after all a credit card.