Culture

Apple Launches a Buy Now, Pay Later Service

Here’s what you need to know about Apple Pay Later.

By
1,903 Hypes

Apple has introduced a new buy now, pay later service. Aiming to promote financial health, the program allows users to split purchases into four payments with no interest and no fees. ⁠

As of March 28, the tech empire will begin inviting select users to access a prerelease version of Apple Pay Later, with plans to offer this to eligible users in the coming months.

“There’s no one-size-fits-all approach when it comes to how people manage their finances,” said Jennifer Bailey, Apple’s vice president of Apple Pay and Apple Wallet. “Many people are looking for flexible payment options, which is why we’re excited to provide our users with Apple Pay Later. Apple Pay Later was designed with our users’ financial health in mind, so it has no fees and no interest, and can be used and managed within Wallet, making it easier for consumers to make informed and responsible borrowing decisions.”

According to Apple, “users can apply for Apple Pay Later loans of $50 to $1,000, which can be used for online and in-app purchases made on iPhone and iPad with merchants that accept Apple Pay.”

To start using Apple Pay Later, users can visit their Wallet app and apply for a loan “no impact to their credit.”

Read Full Article
Share this article

What to Read Next

Apple Launches 'Set Lists' To Help Users Discover and Attend Concerts
Culture

Apple Launches 'Set Lists' To Help Users Discover and Attend Concerts

A new feature using Apple Music and Apple Maps.
683 Hypes

A New Dimension Is Coming With Apple's Long-Awaited Vision Pro AR Headset
Culture

A New Dimension Is Coming With Apple's Long-Awaited Vision Pro AR Headset

Set to be released early next year for $3,499 USD.
1,625 Hypes

Apple Users Will Be Able To Leave Video Voicemails When a FaceTime Call Isn't Answered
Culture

Apple Users Will Be Able To Leave Video Voicemails When a FaceTime Call Isn't Answered

Read about the most exciting changes arriving to iOS 17.
2,232 Hypes


Apple Music Launches Audio Series 'Hip-Hop DNA' in Honor of 50 Years of the Genre
Music

Apple Music Launches Audio Series 'Hip-Hop DNA' in Honor of 50 Years of the Genre

Any hip-hop fan will appreciate this.
2,008 Hypes

Artist Sophie Tea Spent 24 Hours Painting in a Box to "Reclaim the Nude"
Sex & Dating

Artist Sophie Tea Spent 24 Hours Painting in a Box to "Reclaim the Nude"

“You will be able to watch her eat, sleep, pee and paint for an entire day, in the name of art.”
1,609 Hypes

Mirror Palais' First Bridal Collection Elevates and Exudes Mystique
Sex & Dating

Mirror Palais' First Bridal Collection Elevates and Exudes Mystique

Delivering dreamy, yet daring silhouettes for sensuous brides.
2,197 Hypes


Ice Spice Shares an Update on Her Forthcoming Debut Album
Music

Ice Spice Shares an Update on Her Forthcoming Debut Album

She dropped her debut EP in January.
3,780 Hypes


Power Couple Rosalía and Rauw Alejadro Detail Their Special Music Collaboration Process
Music

Power Couple Rosalía and Rauw Alejadro Detail Their Special Music Collaboration Process

The newly engaged couple recently dropped their collaborative EP, ‘RR.’
2,190 Hypes

Kiko Mizuhara Fronts Sunnies Studios' New Campaign
Fashion

Kiko Mizuhara Fronts Sunnies Studios' New Campaign

Shot in Okinawa, Japan.
2,902 Hypes

Carhartt WIP x Awake NY Join Hands For A Friendly SS23 Collaboration
Fashion

Carhartt WIP x Awake NY Join Hands For A Friendly SS23 Collaboration

Starring Rakim and Raul Lopez.
3,125 Hypes

Nike's Air Force 1 Lands in "Jade Ice"
Footwear

Nike's Air Force 1 Lands in "Jade Ice"

The sister colorway to the brand’s recent “Tiffany Blue” hue.
2,799 Hypes

Hailey Bieber's Rhode Is Dropping a New Passionfruit Jelly Peptide Lip Treatment
Beauty

Hailey Bieber's Rhode Is Dropping a New Passionfruit Jelly Peptide Lip Treatment

Here’s how to get your hand on the limited-edition release.
2,930 Hypes

More ▾
 
Subscribe to our Newsletter

Keep updated on the latest news.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Looks like you’re using an ad-blocker

We charge advertisers instead of our readers. Support us by whitelisting our site.

Whitelist Us

How to Whitelist Us

screenshot
  1. Click the AdBlock icon in the browser extension area in the upper right-hand corner.
  2. Under “Pause on this site” click “Always”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlock Plus icon in the browser extension area in the upper right-hand corner.
  2. Block ads on – This website” switch off the toggle to turn it from blue to gray.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlocker Ultimate icon in the browser extension area in the upper right-hand corner.
  2. Switch off the toggle to turn it from “Enabled on this site” to “Disabled on this site”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the Ghostery icon in the browser extension area in the upper right-hand corner.
  2. Click on the “Ad-Blocking” button at the bottom. It will turn gray and the text above will go from “ON” to “OFF”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the UBlock Origin icon in the browser extension area in the upper right-hand corner.
  2. Click on the large blue power icon at the top.
  3. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue.
screenshot
  1. Click the icon of the ad-blocker extension installed on your browser.You’ll usually find this icon in the upper right-hand corner of your screen. You may have more than one ad-blocker installed.
  2. Follow the instructions for disabling the ad blocker on the site you’re viewing.You may have to select a menu option or click a button.
  3. Refresh the page or click the button below to continue.