Apple has officially launched Apple Pay Later in the United States, allowing users to split the cost of an Apple Pay purchase into four equal payments over six weeks without being charged interest or late fees.
Apple has launched Apple Pay Later in the United States, allowing users to split the cost of an Apple Pay purchase into four equal payments over six weeks without being charged interest or late fees.
Apple has confirmed that the company will link Apple Pay Later payments to Apple IDs to verify the authenticity of a user and minimize fraud.
Short-term loans made through Apple’s new Apple Pay Later service will be made through a wholly owned subsidiary, Apple Financing LLC.
Apple has stepped into the buy now, pay later arena with Apple Pay Later, allowing users to split the cost of an Apple Pay purchase into four equal payments over six weeks without being charged interest or late fees.