Apple Pay Later Launches with Limited Availability, Widely Available Soon

Apple Pay Later, a "buy now, pay later" financing option, is now available on a limited basis to randomly selected users in the U.S. via the Wallet app and email. The service allows qualifying customers to split a purchase made with Apple Pay into four equal payments over six weeks, with no interest or fees to pay. Apple Pay Later will be expanded to all eligible iPhone users over the age of 18 in the U.S. in the coming months.