Apple Pay Later Coming To The Wallet App Soon
Starting In September 2023, Customers Will Be Able To Split Costs Across Four Payments
Apple Pay Later, a new buy now, pay later (BNPL) service from Apple, is coming to the Wallet app soon. Starting in September 2023, customers in the United States will be able to split the cost of purchases made with Apple Pay into four equal payments spread over six weeks. There will be no interest or fees charged for using Apple Pay Later.
Here's How Apple Pay Later Works:
- When you make a purchase with Apple Pay, you'll see the option to pay with Apple Pay Later.
- If you choose to use Apple Pay Later, the purchase will be split into four equal payments.
- The first payment will be due at the time of purchase.
- The remaining three payments will be due every two weeks.
- There are no interest or fees charged for using Apple Pay Later.
- You can track your Apple Pay Later payments in the Wallet app.
Apple Pay Later is a convenient and affordable way to pay for purchases over time. It's perfect for larger purchases that you don't want to pay for all at once.
To be eligible for Apple Pay Later, you must:
- Be at least 18 years old.
- Have a valid U.S. credit or debit card.
- Have an iPhone or Apple Watch with the latest version of iOS or watchOS.
Apple Pay Later is a great option for customers who want to avoid paying interest on their purchases. It's also a convenient way to budget for larger purchases.
To learn more about Apple Pay Later, visit the Apple website. Click Here.
Apple Pay, iPhone, and iOS are trademarks of Apple Inc., registered in the U.S. and other countries.
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