Apple Stock Falls. Why Visa’s Credit Card Move Is a Boost for the Tech Giant. - Barron's
1. Visa offers $100 million to Apple for credit card partnership. 2. American Express also competing for Apple’s credit card payment network. 3. Apple card has 12 million users and $20 billion in balances. 4. Apple seeks new revenue sources amid smartphone sales decline. 5. Partnerships could boost Apple's financial services after past challenges.