Apple has confirmed that they are going torelease Apple Card, and also talked about some of the features of new items. This is a joint development of Apple, Goldman Sachs and MasterCard. The bank has already published an Apple Card user agreement. It provides a ban on the purchase of casino chips, cryptocurrency and lottery tickets. Betting on sweepstakes also fell under restrictions.
The official Apple Cash and Wallet app will bereleased for both iPhone and iPad. The service will not work on a hacked gadget. By detecting a jailbreak, Apple may block the account.
Financial transactions will be conducted in US dollars or through the conversion of Mastercard International.
In August, the system will be launched in the United States. Then it will be available in the EU and in Hong Kong.
Source: reuters
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