Apple launches buy now, pay later service

Share via:

Apple has launched a new buy now, pay later service that allows customers to make purchases on their Apple devices and pay for them over time. The service, called Apple Pay Later, is available in the US and will soon be rolled out globally.

The service offers two payment options: Apple Pay Later Installments and Apple Pay Later Monthly. With the installment option, customers can split their purchase into four interest-free payments made every two weeks. With the monthly option, customers can spread the cost of their purchase over several months with interest.

Apple Pay Later is designed to be easy to use, with customers able to sign up directly from the checkout page of participating merchants. The service is integrated with the Apple Wallet app, which allows customers to manage their payments and view their payment history.

The launch of Apple Pay Later comes as the buy now, pay later market continues to grow rapidly. In recent years, several companies have entered the market, offering consumers the ability to make purchases without having to pay for them upfront. This has become increasingly popular, particularly among younger consumers who are more comfortable with online shopping and using digital payment methods.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

Popular

More Like this

Apple launches buy now, pay later service

Apple has launched a new buy now, pay later service that allows customers to make purchases on their Apple devices and pay for them over time. The service, called Apple Pay Later, is available in the US and will soon be rolled out globally.

The service offers two payment options: Apple Pay Later Installments and Apple Pay Later Monthly. With the installment option, customers can split their purchase into four interest-free payments made every two weeks. With the monthly option, customers can spread the cost of their purchase over several months with interest.

Apple Pay Later is designed to be easy to use, with customers able to sign up directly from the checkout page of participating merchants. The service is integrated with the Apple Wallet app, which allows customers to manage their payments and view their payment history.

The launch of Apple Pay Later comes as the buy now, pay later market continues to grow rapidly. In recent years, several companies have entered the market, offering consumers the ability to make purchases without having to pay for them upfront. This has become increasingly popular, particularly among younger consumers who are more comfortable with online shopping and using digital payment methods.

Disclaimer

At StartupNews.fyi we strive to uphold the highest ethical standards in all of our reporting and coverage. We want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

More like this

Elon Musk’s Starlink and Amazon enter satellite spectrum battle...

Elon Musk's Starlink and Amazon, led by Jeff Bezos,...

Kenyan court rules Meta as primary employer in content...

A Kenyan court has handed down a ruling stating...

Apple expands presence in India with plans for more...

Apple, the renowned technology company, is set to further...

Popular

Upcoming Events

Startup Bootcamp - Entrepreneurship Alchemy | May 18 - July 6

Transforming Ideas into Gold: Learn The Entrepreneurship Alchemy"

The Startup Mixer - Bengaluru | June 04

Pushstart presents The Startup Mixer, which is coming to Bengaluru on 4th June (Sunday).

The Startup Mixer - Mumbai | June 04

Pushstart presents The Startup Mixer, which is coming to Mumbai on 4th June (Sunday).

CoinDCX Lucknow Chapter - The Power of Web3 Communities | June 03

With the rapid growth of Web3 technologies, such as blockchain and crypto, it has...

Startup Information that matters. Get in your inbox Daily!

325th Startup Meetup @ Delhi 3rd June - Sold Out