REUTERS: Apple Inc rolled out its virtual credit card on Tuesday , working with bank Goldman Sachs Group Inc on the new iPhone add-on that may help Apple diversify from device sales and build out the Wall Street bank's new consumer business.
Apple said a limited number of consumers who expressed interest in the card will start to receive sign-up invitations on Tuesday. Apple offers an option for a physical card made of titanium, but the physical card has no visible number. Instead, the card's number is stored on a secure chip inside the iPhone, which generates virtual numbers for online or over-the-phone purchases requiring a number.Apple has focused on privacy, saying that purchase information is stored on the user's iPhone and that it cannot see the information.
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