Apple Pay Later is available to everyone in the US

Apple’s buy now, pay later system is finally available to all customers in the US after its back in March. To pay later and begin making equal payments over the course of six weeks, you must be set up on Apple Pay with an eligible debit card.

There is a limit, though. only works for purchases that cost between $75 and $1,000 made on iPhone or iPad through a vendor that accepts Apple Pay. The company says during the repayment period you won’t accumulate interest and there are no late fees. However, , Apple says your bank could charge you extra fees “if your debit card account contains insufficient funds to make loan repayments.” After opting to finance a purchase during checkout, your Pay Later loan and payment history gets shared with credit bureaus.

In a tutorial, Apple breaks down how to start. Simply choose between paying in full through Apple Pay or paying later. If you choose the latter, the tool will automatically tell you how much each payment will cost every two weeks, which is subject to approval. You need to confirm your personal information and ‘Agree & Apply’ before beginning a repayment program.

Apple Pay Later calendar


Once you start making payments, Apple makes it easy to track your progress. Your total remaining balance, upcoming and previous payments are all laid out through the Wallet app. Here, you can set up autopay and change the bank or debit card you’re sourcing your payments from and if you’d like to, tap to pay early. Apple also integrated the calendar tool with the Pay Later feature so that an iPhone user can see everything they owe in a single place to keep tabs on progress.

The introduction of Pay Later puts Apple in competition with other digital repayment apps like , Klarna and , which partnered with big tech giants like Amazon to expand their services. Roughly US iPhone users have activated Apple Pay, according to the Consumer Financial Protection Bureau. The popularity of the company’s tap-to-pay tool among iPhone users could help it gain a foothold in this new market.

About Ajay Sharma 1322 Articles
Explore, learn, write - An creative writer getting to explore the all view who feels it is a digital adventure. With 9 year of experience in SEO writing still he says to be a beginner in learning.

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