Apple Pay's adoption in the US is lagging— we think the introduction of Apple Card and contactless transit payments could change its fortune.
Within a few years, Apple could be making as much as $1 billion in nearly pure profit from the Apple Card. Here's how the math works.
Apple Card is going to be really good for a lot of people. It's also a way for Apple to keep people from leaving iPhone behind for Android.
The credit card also has a rewards program called Daily Cash, featuring 2% cash back when using Apple Pay and 3% when buying directly from Apple.
Apple on Monday announced the details of the new credit card it's launching with Goldman Sachs.
