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Apple officially launches Buy Now, Pay Later service

Payments can be made in four installments within six weeks. | Fountain: Mansana

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Mansana launched its “buy now, pay later” service announced for countries such as the US, allowing you to buy devices and pay for services in installments, as if it were a financial company.

Service called ‘Apple Pay later’ will allow users to split purchases into four payments within six weeks. All installments will have no interest or commissions.

take home

Under this model, users will be able to receive credits ranging from $50 to $1,000 to make online purchases from our company’s devices. They will also be able to spend them at merchants who accept Apple Paythe company said in a statement.

In this sense, own Mansana notes that 85% of retailers in the US accept this payment method, so the possibilities of the new system are expanding exponentially.

The service will run through Apple Finance LLC, a subsidiary of a California-based company. It will be integrated into the iOS or iPadOS wallet so we can use it from our iPhone or iPad.

Meet with the payment of loans Apple Pay laterusers will have to link a debit card (it will be impossible to add credit cards) to the application, from where the corresponding money will be debited on pre-agreed and proposed dates.

limited edition

Of course, the launch of the service is more limited than expected.

Not all users in the United States will be able to use it, but it is available to a very limited number of people. As the months go by, they will expand the group.

Apple Pay later requires devices updated to iOS 16.4 or iPadOS 16.4.

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Source: RPP

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