VISA OFFERS APPLE ROUGHLY $100 MILLION TO TAKE OVER CREDIT CARD FROM MASTERCARD

Summary from the TLDR newsletter

Visa has offered Apple around $100 million for its credit card. Goldman Sachs is exiting the consumer lending world, leaving Apple's card up for grabs. Apple is increasingly becoming the epicenter of many consumers' daily payments and other financial habits - the network that locks in this deal is expected to stay close to Apple's future payments efforts. The Apple credit card program has roughly $20 billion in balances.