JPMorgan Chase has reached a deal to take over the Apple credit-card program from Goldman Sachs, further cementing JPMorgan’s status as a behemoth in the credit-card sector and marking the final chapter of Goldman’s failed experiment in consumer lending.

JPMorgan Chase JPM -2.22% has reached a deal to take over the Apple AAPL -0.77% credit-card program from Goldman Sachs GS -1.72%, according to people familiar with the matter.