3/23/25
Visa Wants Apple Card
Visa is proposing a significant shift in Apple's credit card payment infrastructure by offering to replace Mastercard as the primary payment processor. This potential transition could substantially impact Apple Card's current financial model, potentially disrupting its existing zero-interest financing program. The move represents a strategic reshuffling in the financial technology landscape, with Visa seeking to secure a lucrative partnership with Apple. The outcome of these negotiations could reshape Apple's financial services strategy and have broader implications for credit card processing in the tech-financial ecosystem. The industry awaits further developments.