The Apple Card is touted as a modern solution to the dilemma facing credit cards in the digital era, but the physical titanium card lacks the near-field communication (NFC) standards that are commonplace on other cards. One of the benefits of the credit card, compared to other offerings from well-known brands in the banking sphere, is its ease of use. The card is nearly too easy to sign-up for, and the process takes just minutes in the pre-installed Wallet app on iPhones. It also has straightforward billing materials, intuitive payment processes, and a fair cashback system. That is, all while using Apple Pay on a compatible device. When using the physical titanium card that can be requested through the app, the experience is much more rudimentary compared to other cards.
It might seem surprising that a technology company worth trillions of dollars even has a credit card, but it's comforting to know that the Apple Card is backed by some of the best in the business. Goldman Sachs serves as the issuing bank and has a rich history as a multinational investment banking company based in New York City. The card uses Mastercard's global payments network, which ensures that the Apple Card is accepted at many locations around the world. Mastercard has continued to experiment with the possibilities of technology in transactions and payments — it's even using biometrics to allow people to pay for purchases. That's what makes it all the more puzzling that the Apple Card doesn't support NFC payments.
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It turns out that there may be a purely technical reason why the physical Apple Card doesn't support tap to pay or NFC. The credit card is unique as it is made out of pure
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