Apple launches its Pay Later service
Publishing timestamp: 2023-03-28 16:37:10
Summary
Apple has introduced a new feature called Apple Pay Later, which allows users to split their purchases into four payments over six weeks. Users can apply for loans of between $50 and $1000, which can be used for in-app and online purchases made through merchants that accept Apple Pay. The payments have no interest and no fees, and users can manage, track, and repay their loans in their Apple Wallet. The Mastercard Installments program enables Apple Pay Later, and merchants that already accept Apple Pay will not need to make any changes to implement the software for their customers.
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Keywords: affirm holdings inc, enterprise, technology, apple inc, business news, internet,
Source: https://www.cnbc.com/2023/03/28/apple-pay-later-launches-in-us.html