The announcement of a new Apple card has garnered quite a bit of interest in the payments and accounts payable communities. The fact that it can reside on your iPhone, and only an iPhone, as well as the Titanium material of the physical card is garnering a lot of attention. In this episode, AP Now’s Mary Schaeffer interviews Recharged Education’s Lynn Larson about this exciting new development. The product has many interesting features and we were wondering what, if any, impact it would have on corporate card programs.

In this episode, Lynn describes in detail how this card will work, where it will fit in the card world and what makes it different from other credit cards. She talks about how it fits in the wallet app, what the fees are and the cash back feature. We also examine what the hurdles would be for an organization that was looking to adopt it as part of its payment strategy. The segment closes with a look at why the business world should care and a look into the future about its potential impact.

Host: Mary Schaeffer (www.ap-now.com)

Guest: Lynn Larson (www.recharged-education.com)

Sponsor: Stampli (www.stampli.com/APNow)

Credit: Music: https://www.purple-planet.com

Tags: accounts payable, Mary Schaeffer, podcast, AP Now, Lynn Larson, Recharged Education, credit cards, Apple, Apple card, #Applecard, iPhone,