Tim Cook Mentions Apple Card on Its Way to Global Markets

While Apple Card has been available in the U.S. for quite some time now, its arrival in other markets remained in doubt. Well, Apple CEO Tim Cook has just put an end to all the speculation and confirmed that the company is bringing its branded credit card to other countries as well.

He gave out the information while speaking to the media at an event in Germany, which is indicative of the fact that Germany may be high up on the list when Apple Card rolls out globally. While this is very good news for fans who want to get their hands on this fancy credit card, Cook remains cautious, particularly since regulations and laws are different in each country. This may make it difficult to bring it to all regions at once.

Apple Card Update

So when will Apple Card officially start rolling out to other regions? Well, Cook didn’t offer any word on this, but we’ll keep our ear to the ground for any new information we come across. In terms of benefits, the Apple Card has plenty, particularly the waiving of transaction fees for foreign transactions.

In the U.S., Apple has partnered with Goldman Sachs to offer Apple Card to users who pass the eligibility test. Given the popularity of Apple Card in the U.S., it shouldn’t take too much time before Apple strikes a deal with financial institutions around the world.

Are you an Apple Card user in the U.S.? What do you make of this service?

Source: Bild.de

Via: Apple Insider