Episode 216, Apple introduces ‘Apple Pay Later’ to allow consumers to pay for purchases over time

In this episode, we will discuss Apple’s introduction of ‘Apple Pay Later’ on Tuesday, March 28 to allow consumers to pay for purchases over time.  Apple Pay users can now split purchases into four payments with zero interest and no fees.  If you are looking for a way to afford a new computer listen to the podcast as ‘Apple Pay Later’ may be the way to do so.

Designed with users’ financial health in mind, Apple Pay Later allows users to split purchases into four payments, spread over six weeks with no interest and no fees.
Users can apply for Apple Pay Later loans of $50 to $1,000, which can be used for online and in-app purchases made on iPhone and iPad with merchants that accept Apple Pay.
Users can seamlessly view, track, and manage all of their loans in Wallet. They can also choose to see all upcoming payments on a calendar view in Wallet.