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Apple Pay Wallet

Apple now allows users to pay later with no interest and no fees

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…