Apple Pay Later Rolls Out on iPhones. Here's What It Means for You [CNET News]
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Source: CNET News
Its long awaited Apple Pay Later service has been officially " prereleased ," but only for "select users." Originally, Apple Pay Later was supposed to roll out at the end of 2022, after it was officially announced at Apple's WWDC event. However, the product's launch was delayed due to "significant technical and engineering challenges," per Bloomberg Apple's new payment service comes at a time when many retailers are accepting payments from BNPL apps such as Affirm, Klarna and Afterpay . Here's what you need to know about the payment plan, how it works and when it will be open to all iPhone users. How do I use Apple Pay Later? Apple Pay Later lets you break the cost of purchases into four equal payments spread over six weeks. The first payment is due when you make your purchase, and the remaining payments are due every two weeks after that. Once Apple Pay Later is set up on your phone , you have two options when completing a purchase: Pay in Full and Pay Later. Selecting the
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