Uber, Lyft plan consumer credit cards

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Uber and Lyft are reportedly both working on credit cards, with Uber's likely to be in circulation by the fall.

Fox Business had more information on Uber's plans, reporting Barclaycard will be the issuer of a Visa-branded card. The card is expected to be co-branded, open, and usable for other kinds of purchases.

Uber's rival, Lyft, is also working on its own card, sources told Fox Business. While Uber has faced some controversy recently, it remains one of the most recognizable brands in the rapidly expanding "app economy" or mobile-driven businesses that rely on contract workers.

This growth is attracting collaboration with more traditional companies. American Express, for example, has scored with its marketing partnership with Uber.

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