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Apple Pay Later

All articles tagged with #apple pay later

technology2 years ago•5 min saved

Apple Pay Later Expands Nationwide, Now Accessible to All U.S. Users

Apple Pay Later, a "buy now, pay later" feature, has officially launched in the U.S. for qualifying residents, following an early access period. The feature allows eligible customers to split purchases made with Apple Pay into four equal payments over six weeks, with no interest or fees. The minimum purchase amount has been raised to $75, and each purchase requires a new application. Apple Pay Later is available on the Wallet app for iPhone and iPad, with loan management features and payment reminders. However, it is currently unavailable in certain states and U.S. territories.

via MacRumors|

#apple-pay-later #buy-now-pay-later #iphone

technology2 years ago•7 min saved

"Exciting Updates: iOS 16.6 Introduces 11 New Features and Release Candidate Versions for Developers"

Apple's upcoming iOS 16.6 software update is expected to bring several new features to iPhones, including the highly anticipated Contact Key Verification for iMessage, a new security prompt for iCloud for Windows, Apple Pay Later for post-purchase payments, a new URL scheme for warranty information, updated icons for Beats Studio Buds +, easier sharing of sports games/scores in the News app, new recovery key prompts, a home upgrade recommendation, a warning for Matter accessories, dispute status updates for Apple Card, and a new footer link for Apple Card Family Sharing. The update is also expected to include bug fixes and security patches.

via Gadget Hacks|

#apple #apple-pay-later #contact-key-verification

technology2 years ago•7 min saved

"Apple's iOS 16.6 Update: New Features, Betas, and Releases"

Apple's upcoming iOS 16.6 software update is expected to bring several new features to iPhones, including Contact Key Verification for iMessage, a new security prompt for iCloud for Windows, Apple Pay Later for post-purchase payments, updated icons for Beats Studio Buds +, easier sharing of sports games/scores in the News app, new recovery key prompts, a home upgrade recommendation, a warning for Matter accessories, dispute status updates for Apple Card, and a new footer link for Apple Card Family Sharing. The update is also expected to include bug fixes and security patches.

via Gadget Hacks|

#apple-pay-later #contact-key-verification #ios-166

finance2 years ago•7 min saved

Apple's New Pay Later Service: Everything You Need to Know.

Apple Pay Later is a new payment installment plan program that allows users to split up payments for a purchase into four equal installments. Unlike many of its BNPL competitors, Apple is not allowing consumers to make their Apple Pay Later payments with a credit card. The company evidently sees that as a form of paying off debt by going into more debt, which is never a great idea. Apple Pay Later has plans to eventually report consumers’ payments to credit bureaus.

via HuffPost|

#apple-pay-later #bnpl #buy-now-pay-later

finance2 years ago•4 min saved

Apple introduces "Pay Later" service for seamless payments.

Apple Pay Later is a new service that allows users to make purchases and pay for them later in four equal installments every two weeks. While it is interest-free and does not require a credit application, users are only financing 75% of the cost, have a credit period of six weeks, and can only finance up to $1,000. Additionally, users do not receive any rewards, unlike credit or charge cards. While it may be a better option for those who carry a balance on their credit card or cannot get other credit, it is not risk-free and should only be used if users can comfortably afford the repayments.

via 9to5Mac|

#apple-pay-later #credit #credit-cards

finance2 years ago•2 min saved

Apple becomes a money lender with Pay Later service launch.

Apple has launched a new service called Apple Pay Later, which allows users to borrow money directly through the Wallet app on their iPhone. The loans range from $50 to $1,000 and can only be spent with merchants that accept Apple Pay. The payoffs are split into four payments, with no interest if paid off within six weeks using a debit card. Apple Pay Later is enabled through the Mastercard Installments program and issued by Goldman Sachs. Apple has formed a subsidiary to finance the loans and will start reporting them to US credit bureaus this fall.

via Ars Technica|

#apple #apple-pay-later #finance

finance2 years ago•1 min saved

Apple Pay Later debuts in the US with invite-only access.

Apple has launched its pay-over-time system, Apple Pay Later, in a "prerelease" version for US customers, which requires an invitation. The feature allows users to split their online Apple Pay purchases into as many as four payments spread over six weeks, with no fees or interest payments. The loans are limited to $1,000, and users must link a debit card. Apple Pay Later is part of the Wallet app in iOS 16.4 and iPadOS 16.4 and includes a calendar to help track payments. The feature should reach every eligible user in the "coming months," and Apple will report Pay Later loans to American credit bureaus starting in the fall.

via Engadget|

#apple-pay-later #finance #loans

business2 years ago•1 min saved

"Apple debuts Pay Later service for convenient payments."

Apple has launched Apple Pay Later, a service that allows users to split purchases into four payments over six weeks for in-app and online purchases made through merchants that accept Apple Pay. The loans have no interest and no fees, and users can manage, track, and repay them in their Apple Wallet. Individuals can apply for loans between $50 and $1,000 without impacting their credit score, and payments will be authenticated using Face ID, Touch ID, or a passcode. The service will be available to select users initially, with plans to expand access in the coming months.

via CNBC|

#apple #apple-pay-later #business

finance2 years ago•4 min saved

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.

via MacRumors|

#apple-pay-later #buy-now-pay-later #finance

business2 years ago•5 min saved

Apple debuts Pay Later service for customers.

Apple has launched Apple Pay Later in the US, allowing users to split purchases into four payments over six weeks with no interest or fees. Users can apply for loans of $50 to $1,000, which can be used for online and in-app purchases made on iPhone and iPad with merchants that accept Apple Pay. The loans can be managed in one convenient location in Apple Wallet, with users able to track and plan payments using a calendar view. The service will be rolled out to all eligible users in the coming months.

via Apple|

#apple #apple-pay-later #business