Apple rolls out virtual credit card

Apple rolled out its virtual credit card Tuesday in partnership with Goldman Sachs, Reuters reported.

The iPhone add-on will give users 2 percent cash back on all purchases made with Apple Pay and have no fees.

A limited number of people who expressed interest in the card will reportedly start to receive sign-up invitations on Tuesday.

{mosads}There is an option of a physical card, but it has no visible number. The iPhone will generate virtual numbers for online or over-the-phone purchases requiring a number, per Reuters.

Apple has said purchase information will stay stored on phones, but not be accessible by Apple.

Goldman likewise will not be able to access user data for marketing.

The Hill has reached out to Apple for further information about the rollout.