Apple announces Pay Later, Affirm Holdings shares tumble

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Go back to Apple announces Pay Later, Affirm Holdings shares tumble

Apple introduces Apple Pay Later to allow consumers to pay for purchases over time

March 28, 2023 11:30 AM EDT

Apple Pay users can split purchases into four payments with zero interest and no fees

CUPERTINO, Calif.--(BUSINESS WIRE)-- Apple® today introduced Apple Pay® Later in the U.S. Designed with users financial health in mind, Apple Pay Later1 allows users to split purchases into four payments, spread over six weeks with no interest and no fees.2 Users can easily track, manage, and repay their Apple Pay Later loans in one convenient location in Apple Wallet®. Users can apply for Apple Pay Later loans of $50 to $1,000, which can be used for online and... More