Apple Pay Later

Apple is discontinuing Apple Pay Later, the buy now, pay later feature that it just launched last October. ‌Apple Pay‌ Later is being discontinued as of today, but people who have existing ‌Apple Pay‌ Later loans will be able to continue to pay them off and manage them through the Wallet app. Apple announced plans to end the feature in a statement provided to 9to5Mac, which also notes that...

Experian and Apple today announced that Apple Pay Later loan information will soon appear on Experian's credit reports. The companies said this move will provide "greater transparency" and help to protect both lenders and borrowers. Apple Pay Later loans initiated today onward will appear on a customer's Experian credit report with a BNPL ("buy now, pay later") designation starting March 1,...

Apple Pay Later appears to have officially launched for all qualifying U.S. residents today, as it is now widely available in the Wallet app on the iPhone. The feature had been available on an invite-only "early access" basis since March. Apple removed the following sentence from all Apple Pay Later support documents today:Apple Pay Later is currently only available to customers invited to...

A pre-release version of Apple Pay Later continues to roll out to randomly selected iPhone users, as noted by tech enthusiast Will Sigmon. Built into the Wallet app, the "buy now, pay later" feature lets qualifying customers split a purchase made with Apple Pay into four equal payments over six weeks, with no interest or fees. iPhone users will see an "Early Access" banner for Apple Pay...