Apple Offers “Pay Later”

Apple Offers “Pay Later”

Apple unveiled a suite of new software features and services at its Worldwide Developers Conference, including an updated iPhone lock screen, multitasking features for the iPad, and a pay-as-you-go service to fund the purchase of its devices.

And Apple said during its annual conference for developers that it launched a new service, which enables users to buy its products and pay later, as Apple customers will be able to pay the value of the devices they get in installments without interest.

It made it possible to pay in 4 installments spread over 6 weeks, without any fees or interest.

The new service will be available in places that accept payments through the “Apple Pay” application, and it will also be managed through the Wallet application.

The company said: "It will accept the new service anywhere it accepts (Apple Pay), using the MasterCard network."

The service is scheduled to be available to users within the iOS 16 update.