- Apple has now fully launched Apple Pay Later.
- The service was initially soft-launched earlier this year with a staggered release.
- Apple Pay Later allows users to break up payments into four separate installments paid every 14 days.
Yesterday, Apple surprised us with an announcement of an upcoming product event. Now, the company is surprising us with a recurring payment-related announcement — the full launch of Apple Pay Later in the US.
On Apple’s website, you can now see the tech giant advertising its Apple Pay Later service. It’s an Apple Pay feature that allows qualified buyers to break up a purchase into four separate installments. Each payment is due every 14 days over six weeks with no interest on qualified transactions.