Re:Apple announces Apple Card credit card
by kevin_b_er on Monday March 25, 2019 @01:53PM
(#19484818)
As it goes thru mastercard's network, they will get who your card bought from, the [hidden] card number at the time, and the name on the card. Unless Apple has gotten mastercard to not generate any of that data, there's a standard CC hidden in there. There's also a name attached to it. Merchants get bits of this data for fraud prevention. They get it from Mastercard.
1. Apple doesn’t get any information (it’s all done on-device) 2. The data GS gets (and probably needs to keep, for auditing/paper trail) they “will never sell.” This probably means they have some kind of special agreement?
Not sure what MasterCard would get though.