Apple has introduced “Apple Pay Later” in the US.
Designed with users’ financial health in mind, Apple Pay Later allows users to split purchases into 4 payments, spread over 6 weeks with no interest & no fees. Users can track, manage, & repay their Apple Pay Later loans in one convenient location in Apple Wallet.
Users can apply for Apple Pay Later loans, which can be used for Online & in-app purchases made on iPhone & iPad with merchants that accept Apple Pay. Apple will begin inviting select users to access a prerelease version of Apple Pay Later, with plans to offer it to all eligible users in the coming months.
