<p>Goldman Sachs is considering exiting its partnership with Apple, the<em> Wall Street Journal </em>reported on Friday, citing sources familiar with the matter.</p>.<p>The iPhone-maker and Goldman Sachs started rolling out a virtual credit card in 2019.</p>.<p><strong>Also Read: <a href="https://www.deccanherald.com/business/business-news/apples-market-value-breaches-3-trillion-mark-again-1232761.html" target="_blank">Apple's market value breaches $3 trillion mark again</a></strong></p>.<p>The bank is in talks with American Express to take over its Apple credit card and other ventures with the tech giant, the report added.</p>.<p>Apple in March launched its "buy now, pay later" service in the United States enabled through the Mastercard Installments program, with Goldman Sachs as the issuer of the Mastercard payment credential.</p>.<p>Apple credit card, which is made out of titanium and no visible number, currently offers 3 per cent daily cash back to spend or save, Apple's website said. It also offers interest-free monthly installments on purchases of Apple devices.</p>.<p>American Express did not immediately respond to a <em>Reuters </em>request for comment, while Apple and Goldman Sachs declined to comment.</p>
<p>Goldman Sachs is considering exiting its partnership with Apple, the<em> Wall Street Journal </em>reported on Friday, citing sources familiar with the matter.</p>.<p>The iPhone-maker and Goldman Sachs started rolling out a virtual credit card in 2019.</p>.<p><strong>Also Read: <a href="https://www.deccanherald.com/business/business-news/apples-market-value-breaches-3-trillion-mark-again-1232761.html" target="_blank">Apple's market value breaches $3 trillion mark again</a></strong></p>.<p>The bank is in talks with American Express to take over its Apple credit card and other ventures with the tech giant, the report added.</p>.<p>Apple in March launched its "buy now, pay later" service in the United States enabled through the Mastercard Installments program, with Goldman Sachs as the issuer of the Mastercard payment credential.</p>.<p>Apple credit card, which is made out of titanium and no visible number, currently offers 3 per cent daily cash back to spend or save, Apple's website said. It also offers interest-free monthly installments on purchases of Apple devices.</p>.<p>American Express did not immediately respond to a <em>Reuters </em>request for comment, while Apple and Goldman Sachs declined to comment.</p>