Apple Pay Later turns Apple into a full-on money lender
This is the main view for the Pay Later feature in Apple's Wallet app for the iPhone. When users are approved for a loan, Apple details the payment plan and amount before confirmation. Users can then track the loan and scheduled payments via an in-app calendar. With the limited launch today of a new service…
Affirm sinks after Apple announces its own buy-now-pay-later option at WWDC...
Affirm stock fell 6% on Monday after Apple announced its own Buy Now, Pay Later payment option.Apple Pay Later allows users to split the cost of an Apple Pay purchase into four equal payments with no interest.The new offering from Apple works with any merchant that already supports Apple Pay, and does not require a…
Apple plans to build its own financial infrastructure for payments and...
Enlarge / The featureless, very Apple-like physical Apple Card. Apple plans to build its own in-house technology and infrastructure for financial services, according to a Bloomberg report citing people with knowledge of the matter. The initiative is internally codenamed "Breakout" as an allusion to the idea of users breaking free from the current establishment players…
With Apple Pay Later, Apple may take another stab at the...
Enlarge / Apple Pay on an iPhone and Apple Watch.Apple Apple will continue to expand beyond traditional technology projects with a new feature the company is internally calling "Apple Pay Later," according to a new report from Bloomberg. With Apple Pay Later, users making either retail or online purchases with Apple Pay will have the…
