(Reuters) -Apple is pulling the plug on its credit-card partnership with Goldman Sachs Group, the Wall Street Journal reported on Tuesday.

The tech giant recently sent a proposal to the Wall Street bank to exit the contract in the next roughly 12 to 15 months, the report said, citing people briefed on the matter.

Apple and Goldman had started to roll out a virtual credit card in 2019.

The iPhone-maker did not immediately respond to a Reuters request for comment, while Goldman declined to omment.

(Reporting by Pritam Biswas in Bengaluru; Editing by Arun Koyyur)