VISA offers Apple around $100 million for acquisition of the Apple Card

VISA Inc. (NYSE: V) has reportedly offered Apple around $100 million to secure the tech giant's credit card, according to an exclusive report by the Wall Street Journal. The largest payment networks in the U.S. are vying for the prestigious Apple Card, which is currently up for grabs as Goldman Sachs exits the retail banking sector as the previous partner bank. Major banks like JPMorgan Chase have been competing for months to succeed as the card issuer. VISA, American Express, and Mastercard in Competition However, there is also fierce competition...