Goldman Sachs, Apple Team Up to Form Credit Card

Could launch early next year

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Goldman Sachs (GS.N) and Apple Inc (AAPL.O) are preparing to launch a joint credit card, the Wall Street Journal reported here on Thursday.

The planned card would carry the Apple Pay brand and could launch early next year, the Journal reported, citing people familiar with the matter.

The iPhone maker will replace its longstanding rewards-card partnership with Barclays (BARC.L), the report added.

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