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Apple Pay 3

Credit: Joe Hindy / Android Authority
  • Apple has launched the Apple Pay Later program in the US.
  • It allows Apple users to borrow amounts ranging from $50 to $1,000 and pay them back in six weekly installments.
  • The loans can be used for online purchases wherever Apple Pay is accepted and also for in-app purchases.

Apple has debuted Apple Pay Later, a payment plan that allows users to split their purchases into four payments spread over six weeks with zero interest and no fees.