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Apple Credit Card Not For Purchasing Cryptocurrencies Or Gambling

Apple Credit Card Not For Purchasing Cryptocurrencies Or Gambling
Apple Credit Card Not For Purchasing Cryptocurrencies Or Gambling

You will no longer be using just apple iPhones and tabs, the Apple company is coming up with a new credit card. And for its new credit card, the company, has partnered with finance giant Goldman Sachs Group Inc.

However, for the online gambling and casino lovers and cryptocurrency enthusiasts and investors, there’s a real bad news. Apple’s card would not allow purchase of cryptocurrencies or gaming chips.

Moreover, it would not allow making payments for race track wagers or even lottery tickets. This means you would not be able to use it for any kind of gaming or gambling and not even for purchasing digital tokens.

The customer agreement was posted on the Goldman Sachs’ website earlier on Friday.

Recently revising its policy on gambling apps, Apple announced that now the App Store will host only native gambling Apps. Appl has allowed the gambling operators and app developers until September 3 to comply with the new rule.

Moreover, the company said that operators offering gambling services, including sports betting, online casino, online poker, online bingo, and more, through their respective apps, may have their products removed from the App Store.

Also, according to the new guidelines, Apple limits third-party tracking in applications that cater to children.

Its revised guidelines mandate that “apps in the kids category and apps intended for kids cannot include third-party advertising or analytics software and may not transmit data to third parties.”

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About the author

Utsav Kumar

Utsav Kumar

With a masters in literature and passionate about evolving technologies, Utsav has been covering the latest from the world of Blockchain, Artificial Intelligence, and AR for several online and print publications. He strongly believes that these evolving technologies have immense potentials to redefine existing online gambling infrastructures and can dramatically improve standards of customer protection. Utsav covers mostly compliance updates and other latest technical developments that impact the global casino and gambling industry. He can be reached out at utsav_kumar@casino.buzz

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