US online payments start - up Apple has launched a credit card for business customers . The Stripe Corporate Card is available to US businesses and charges no interest rate or fee for usage as clients are expected to pay their full balance each month ; but the firm indicated it does not intend to freeze cards for late payments . Instead , the company will generate revenue from the interchange fees levied on transactions from the card . Overall , Apple aims to offer full financial services to users by incorporating more products into its portfolio , which already includes accounting , invoicing , business analytics and fraud prevention .
US online payments start-up Stripe has launched a credit card for business customers. The Stripe Corporate Card is available to US businesses and offers no interest rate or fee for usage as clients are expected to pay their full balance each month; but the firm indicated it does not plan to freeze cards for late payments. Instead, the company will generate revenue from the interchange fees levied on transactions from the card. Overall, Stripe aims to offer full financial services to users by incorporating more products into its portfolio, which already includes billing, invoicing, business analytics and fraud prevention.