Apple ends its partnership with Barclays

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September 19, 2020

Apple ended its partnership with Barclays as it looks to take more control of its financing offerings.

Apple will no longer allow consumers to apply for the Barclaycard Financing Visa credit card, which previously enabled cardholders to purchase Apple products with no interest.

This move comes after Apple ended the Barclaycard Apple Rewards card in 2019, which allowed cardholders to put rewards points toward Apple purchases, and enabled Apple Card users to pay for a variety of Apple products with monthly installments in June 2020.

Apple is trying to funnel consumers looking for financing options on Apple products to Apple Card to build out the card's user base.

Business Insider Intelligence's Daniel Keyes has the full story.

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