According to reports, Apple and Goldman Sachs are preparing to launch a new joint credit card, a move that would deepen the technology giant’s push into its customers’ wallets. Apple will replace its longstanding rewards-card partnership with Barclays. Apple is focusing on services such as mobile payments, streaming-music subscriptions, and App Store sales. Apple Pay, which generates revenue on each transaction, is a key contributor, but adoption has been slower than the company hoped. The card would carry the Apple Pay brand and could launch early next year.

// via Instagram According to reports, Apple and Goldman Sachs are preparing to launch a new joint credit card, a move that would deepen the technology giant’s push into its customers’ wallets. Apple will replace its longstanding rewards-card partnership with Barclays. Apple is focusing on services such as mobile payments, streaming-music subscriptions, and App Store sales. Apple Pay, which generates revenue on each transaction, is a key contributor, but adoption has been slower than the company hoped. The card would carry the Apple Pay brand and could launch early next year.