apple pay later

Apple has been looking forward to launching its payment feature called Apple Pay in India for a long time now.As per GSMArena, Apple is planning to hold talks with the local regulatory bodies, specifically, the NPCI - a special division of India's central bank Reserve Bank of India. Apple Pay would be entering into a hyper-competitive segment with players like PhonePe, GooglePay, WhatsAppPay, and Paytm, among others. Reportedly, Tim Cook met with Indian authorities to negotiate a localized version of Apple Pay -…

After total radio silence when it came to the Apple Card high-yield savings account following its initial announcement in October 2022, Apple finally launched the service today for all Apple Card holders. The Apple Card Savings account gives Apple Card users a personal Goldman Sachs savings account that can hold Daily Cash and be used to transfer funds to and from other bank accounts. Essentially, the service functions to give users another way to manage their finances in conjunction with their Apple Card. Apple…

Image Source : HTTPS://WWW.APPLE.COM Apple launches 'Pay Later’ option for online and in-app purchases Apple has introduced a new service called "Apple Pay Later" that allows customers to buy Apple products in instalments. The service offers the option to split the total cost of a product into four payments, which can be spread out over six weeks, with zero interest…

Apple has introduced Apple Pay Later service that allows users to split purchases into four payments, spread over six weeks with no interest and no fees. Users can easily track, manage, and repay their Apple Pay Later loans in one convenient location in Apple Wallet. Users can apply for Apple Pay Later loans which can be used for online and in-app purchases made on iPhone and iPad with merchants that accept Apple Pay. As of now, the service will only be available in the US with the loans of $50 to $1000. The company will…

Apple on Tuesday launched its "buy now, pay later" (BNPL) service in the US, a move that threatens to disrupt the fintech sector dominated by firms like Affirm Holdings and Swedish payments company Klarna.The service, Apple Pay Later, will allow users to split purchases into four payments spread over six weeks with no interest or fees, the company said. It will initially be offered to select users, with plans of a full roll-out in the coming months.Users can get loans between $50 (roughly Rs. 4,000) and $1,000 (roughly…

Apple Inc. began rolling out its first “buy now, pay later”-style service after a lengthy delay, entering a field currently dominated by Affirm Holdings Inc., Klarna Bank AB and others.The service, called Apple Pay Later, will divide purchases into four payments, spread over six weeks, with no interest or fees. It resides in the iPhone's Wallet app, with users able to borrow amounts of $50 to $1,000 from Apple. The feature was first unveiled in June of last year as part of a broader push into financial services. Apple…

Apple announced Apple Pay Later last year when it revealed iOS 16 at WWDC 2022. The feature is finally rolling out to “randomly selected users” as of today, through a prerelease version of Apple Pay Later in the Wallet app. Those who have access to this prerelease version should have received an email to their Apple ID account, and they will need iOS 16.4 and iPadOS 16.4. This is a prerelease version of Apple Pay Later, and the full service will be rolling out to eligible iPhone users older than 18 in the U.S. in the…

Apple's upcoming financial services, which include a buy-now-pay-later service Apple Pay Later, Apple Card Savings account, and an unannounced iPhone subscription program, have reportedly been delayed. The Cupertino, California-based company's upcoming offerings are reportedly facing engineering and technical issues, leading to delays. Apple announced its Pay Later service and Apple Card Savings account integrated with its Wallet app last year. Additionally, a yet-unannounced iPhone hardware subscription service and an…

Apple's 'Pay Later' service will reportedly use Apple IDs to help detect fraudulent transactions and minimise the chance of losses.According to AppleInsider, most financial firms that provide "buy now, pay later" services use third-party credit reports to judge whether they can afford to offer credit to new and existing customers.With Apple's entry into the field, the iPhone maker will be going beyond the usual checks, the report said.For Apple Pay Later, a subsidiary has been created called Apple Financing LLC, giving…

Tech giant Apple has joined the 'buy now, pay later' service with the new Apple Pay Later, which was announced at the Worldwide Developers Conference (WWDC) 2022.According to CNBC, a wholly-owned subsidiary of Apple will check user credit and extend short-term loans to the users for Apple Pay Later.The new loan service, which will compete against similar offerings from Affirm and PayPal, was announced this week. Later this year, when the company's new iOS 16 iPhone software is released, users will be able to buy products…