Apple decides to launch Apple Pay Later now, not ‘early entry’

Bear in mind Apple Pay Later, the belatedly launched iOS 16 service? It’s now accessible for all iPhone customers in the US.

Apple Pay Later was first introduced in June 2022. Apple deliberate to enter the BNPL (purchase now, pay later) market that Affirm, Klarna, and others popularized by the tip of final yr. As an alternative, the service mushy launched on the finish of March as an “early entry” staggered launch.

The service is easy. Certified patrons can break down a purchase order into 4 equal funds. The preliminary fee is due at buy, adopted by one other fee each 14 days over six weeks. Apple costs no curiosity on certified transactions.

So what’s new immediately? Not a lot. When you’re an iPhone consumer within the U.S. and also you haven’t seen Apple Pay Later, you need to now. The service is obtainable on Apple Pay transactions and is separate from Apple Card.

Apple is selling Apple Pay Afterward Apple.com as effectively.

In different official Apple information immediately, the corporate has not but launched iOS 17.1 as was anticipated and has introduced a night Mac occasion that was not anticipated.