Introduced in 2019, the Apple Card credit card was limited to the US market. This was reported by MacRumors.

Media journalists reminded that three years have passed since the emergence of the payment instrument. However, the device apparently failed, as the credit card didn’t gain traction outside of the United States. Experts emphasized that now Apple Card can only be issued in one state.

According to the authors, the reason for the malfunction of the payment device was given by Tim Cook, the head of Apple, in 2019. According to Cook, Apple was ready to offer the credit card to global users, but service rules vary widely from country to country. The entrepreneur noted that otherwise the Apple product would be more popular.

Journalists cited the Canadian Bankers Association’s statement that Apple Card could become a popular product in the North American country. According to statistics, iPhone has a share of around 50 percent in the local market.

Apple Card is used with the Apple Pay service. The payment instrument was launched in collaboration with Goldman Sachs and Mastercard.