This event marks the launch of Apple's new credit card, the Apple Card. The card is designed to be a simple, secure, and private way to pay for everyday purchases. It features no fees, no late fees, and no annual fees. The Apple Card also offers a rewards program
From Wikipedia
Apple Card is a credit card created by Apple Inc. and currently issued by Goldman Sachs, designed primarily to be used with Apple Pay on an Apple device such as an iPhone, iPad, Apple Watch, or Mac. Apple Card is available only in the United States, with 12 million cardholders as of early 2024.