Immediately after the rollout of iOS 16.4, Apple also introduced its Pay Later service for select users in the US – to let them purchase goods on credit.
Apple Pay Later will allow users to buy and pay for things from Apple merchants over six weeks. Apple says there will be no interest or fees if you pay back in time. Secured by Apple Face ID and Touch ID, users can borrow up to $1,000 under this scheme.
Apple Pay Later in the US
To let users make purchases with borrowed funds, Apple today has launched the Pay Later service in the US – where eligible users can borrow anywhere between $50 to $1,000 at once . They can then use these funds to purchase any goods or services online – where Apple Pay is available.
Apple is officially launching Apple Pay Later, which allows users to split purchases into four payments with zero interest and no fees ???? Randomly selected users will be invited to get early access to a prerelease version in the U.S. pic.twitter.com/PJawcmyxil — Apple Hub (@theapplehub) March 28, 2023