Cramer Thinks That Apple - Visa Partnership Makes Sense

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On CNBC's Mad Dash
, Jim Cramer talked about a potential partnership between Apple Inc.
AAPL
and Visa Inc
V
. He noticed that T-Mobile's
TMUS
CEO, John Legere, said last week that iconic iPhone 6 is coming out and Cramer believes that iPhone 6 was called iconic by Mr. Leger because the phone has mobile payment in it. He added that Visa CEO, Charles Sharf, talked about revolution that is coming in mobile payments. This statement made Cramer thinking about a handset and he believes that it could be Apple's iPhone 6. Cramer explained that mobile payment is the future and he is watching the development. He said that Visa has great contacts with every bank and it is quite possible that it could offer the right solution for mobile payment. Visa is trading 0.12% higher today and Apple fell 0.51%.
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Posted In: CNBCLong IdeasJim CramerMediaTrading IdeasCharles SharfJim CramerJohn Legere
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