Apple turned the world of credit cards on its head on Monday by introducing a new one of its own: Apple Card. This is a card you can use to pay for goods and services online and in stores. By taking on payment cards, Apple is taking a bold step into disrupting mobile payments that no other media giant has attempted, even Google and Samsung, two companies with their own mobile payment system.
Will a digital Apple Credit card finally make mobile payments ubiquitous? What kinds of perks will owners be able to get? How will it affect their credit if they switch phones? You’re brimming with questions, and so are we. Unfortunately, we don’t have them all. What we do have are the details we gleaned from the company’s special event yesterday.