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Madison MoneySports - Personal Finance Thread
(03-28-2019, 10:45 AM)Senor_Taylor Wrote: How won't they know? How do they track fraud? Charge backs?

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All data analysis done by Apple is on device, they don't get that data.  Goldman Sachs is providing the back end money/service (using Mastercard's network) - and I think they said that Goldman won't be allowed to sell data to third parties/advertisers, but yeah obviously they'll have it because somebody has to.

Sounds like their interest rates are 13-24%, which ain't what I'd call low - no idea if it's low compared to other cards though.

Whole thing is kinda weird.
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