News

Apple launches Pay Later offering

Tuesday 7 June 2022 14:26 CET | News

Apple has provided users in the US with a way to split the cost of an Apple Pay purchase into four equal payments spread over six weeks, interest free.

Built into Apple Wallet, Apple Pay Later makes it possible to view, track, and repay Apple Pay Later payments within the Wallet. Users can apply for Apple Pay Later when they are checking out with Apple Pay, or in Wallet.

Additionally, with Apple Pay Order Tracking, users can receive detailed receipts and order tracking information in Wallet for Apple Pay purchases with participating merchants. Apple Pay Later is available everywhere Apple Pay is accepted online or in-app, using the Mastercard network.

To ensure a private and secure experience, only the necessary information required for the transaction will be provided to the app, and the user can review and consent to share it using Face ID or Touch ID. Additionally, users can securely share their home, hotel, office, and car keys in Wallet through messaging apps, including Messages, Mail, and more.


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Keywords: BNPL, instalment payments, Apple, Apple Pay, product launch, digital wallet
Categories: Payments & Commerce
Companies: Apple
Countries: United States
This article is part of category

Payments & Commerce

Apple

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