Apple Inc. is ramping up a test of a digital-first credit card with Goldman Sachs Group Inc. by expanding its use to tens of thousands of the iPhone maker’s U.S. retail employees.
The move marks the first major trial for the card, which has been used for several weeks by a far smaller set of Apple corporate and Goldman employees.
Apple has asked employees not to discuss the card, although they are allowed to use it publicly to make purchases.
This is not unexpected and provides a good test bed for Apple. Minor point: why does Bloomberg call it a “Goldman Credit Card” in the headline?