What you need to know
- Apple Card might be getting another Android rival.
- Chinese smartphone vendor Vivo has filed for a 'VivoCard' trademark in China.
Another Android vendor might be planning a payment card to rival Apple Card and offerings from the likes of Samsung and Huawei, according to a recent trademark filing.
As first spotted by DroidMaze, it appears that smartphone marker Vivo has filed for a 'VivoCard' trademark in China. The application, which iMore has independently checked and verified, was made on July 28.
It would appear to indicate that Vivo is planning some kind of foray into the world of payments akin to Apple Card and offerings from Android rivals like Samsung and Huawei. Apple Card remains bound to U.S. shores at this time, with no real sign the company plans to change this.
According to unofficial survey figures report in May, Apple Card could have as many as 6.4 million cardholders in the U.S. In its most recent update to the service, Apple announced Apple Card Family in April, from Apple:
The company is reportedly planning a major new feature called 'Apple Pay Later', which would thrust Apple into the world of 'buy now, pay later' services like Klarna by letting Apple Card customers make incremental payments for major purchases, spreading out the upfront cost.
Whilst Apple Card is a success at home it seems, it's not available anywhere else in the world, leaving a much bigger gap in the market for companies like Vivo to step in and offer their own solutions before Apple has a chance. According to figures from Counterpoint Research, in Q1 of 2021 Vivo was the biggest handset vendor in China, fighting it out with OPPO for the top spot as Huawei continues to decline.
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Stephen Warwick has written about Apple for five years at iMore and previously elsewhere. He covers all of iMore's latest breaking news regarding all of Apple's products and services, both hardware and software. Stephen has interviewed industry experts in a range of fields including finance, litigation, security, and more. He also specializes in curating and reviewing audio hardware and has experience beyond journalism in sound engineering, production, and design.
Before becoming a writer Stephen studied Ancient History at University and also worked at Apple for more than two years. Stephen is also a host on the iMore show, a weekly podcast recorded live that discusses the latest in breaking Apple news, as well as featuring fun trivia about all things Apple. Follow him on Twitter @stephenwarwick9