Apple has shut down its buy now, pay later service known as Apple Pay Later, less than a year after launching it. The service was discontinued in the U.S. as of Monday, ahead of Apple's launch of new Apple Pay features, set to hit iPhones this fall. The changes will let Apple ...
The number ofgrocery shoppersusing buy now, pay later services grew 40%. Home furnishings, another popular category in which consumers have been delaying payments, grew 38% during the same period. Jennifer Bailey, Apple’s vice president of Apple Pay and Apple Wallet, said in a statement that...
Apple is planning a buy now pay later (BNPL) service as part of its new operating system, iOS 16. Apple Pay Later will allow users in the US to spread the cost of a purchase into four payments over six weeks, without paying interest or fees. It forms part of a range of new iPhone...
Apple is discontinuing its buy now, pay later service known as Apple Pay Later barely a year after its initial launch in the U.S., and will rely on companies who already dominate the industry like Affirm and Klarna. It's an acknowledgement from a company known for producing hit produ...
Apple has joined the thriving "buy now, pay later" industry, with a customized service called Apple Pay Later. The service was announced earlier this week at the 2022 Worldwide Developers Conference, and will initially be ...
Apple is getting into the buy now, pay later space with a few tweaks to the existing model—including no option to pay with a credit card. The company will roll out the product to some consumers this spring, and will begin ...
The Buy Now Pay Later (BNPL) service allows users to split payments into four installments over the course of six weeks, with no interest or fees. Apple Pay Later was initially announced at WWDC last year and was expected to come with the iOS 16 update. But it was hampered by "technica...
Apple has officially revealed its new ‘Buy Now, Pay Later’ option for Apple Pay. ‘Apple Pay Later’ allows users to split a purchase into more manageable ...
Apple Pay users will soon be able to use buy now pay later (BNPL) loans on their iPhones and iPads thanks to a deal between Apple and the fintech company Affirm. PerCNBC, the partnership with Affirm will be part of a collection of features coming to Apple iOS 18 and iPadOS 18 this ...
Apple Pay Later, its “buy now, pay later” product, is the first instance of Apple directly lending to consumers from its own balance sheet. Savings, a high-yield savings account, offers US customers a 4.15 per cent interest rate, 10 times the national average. The deposits will sit with...