Later this fall, Apple Pay Later will allow US customers to pay for online and in-app purchases through a six-week installment plan with no interest or fees.


Previewed at WWDC, Apple Pay Later will allow customers to split a purchase into four equal payments paid over six weeks. Apple Pay Later will include zero interest and no fees and will be available “everywhere Apple Pay is accepted,” according to Apple.

apple wallet pay later


Within the Wallet app, users will have a new overview of all their upcoming payments and how much they owe and can set a personal budget. Apple says Apple Pay Later will only be available to qualified applicants, but no further details have been shared.

The development of Apple Pay Later was first reported by Bloomberg as of July 2021. Apple Pay Later is one of several new features in the Wallet app with iOS 16, including an integrated package and order tracking.

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