RATE Group | Goldman-Backed Apple Card Restricts Cryptocurrency Purchases
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Goldman-Backed Apple Card Restricts Cryptocurrency Purchases

04 Aug Goldman-Backed Apple Card Restricts Cryptocurrency Purchases

Posted at 19:58h in Bitcoin News by

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Cryptocurrencies cannot be purchased with the new Apple credit card according to the American multinational technology company’s recently published customer agreement guidelines. The Apple card’s restrictions indicate that the company’s partner, Goldman Sachs, is leery toward cryptocurrencies and other “cash equivalents” like lottery tickets and casino chips.

Also Read: Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto

No Crypto Purchases With the Goldman Sachs Backed Apple Card

The technology giant Apple (AAPL) recently announced the launch of a credit card, which allows people to spend credit with an annual percentage rate (APR) between 13-24%. The California-based firm revealed the card will be released at some point this month, according to the firm’s third fiscal quarter earnings call. Some of the biggest selling points for the new Apple Mastercard include: virtual use, no annual fees, and no fees for transactions and…

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