Apple Pay Later Available For US Users Only- WHY?

Apple has finally unveiled Apple Pay Later,, a buy-now, pay-later option, but only for a small number of US consumers. This was initially introduced at the WWDC last year and enabled users to divide the cost of an Apple Pay transaction into four equal instalments over a period of six weeks with no interest or late fees.

Users may track, manage, and repay their loans using the Pay Later feature found in the Apple Pay app on iPhones and iPads. Customers can apply for a $50–$1000 pay-later loan that can be used to make purchases from supported merchants. But, in order to do so, one must receive an invitation, which is distributed at random.

In the upcoming months, the company owner intends to make these services available to all qualified users.

Also Read: Apple Announced Official Launch of Apple Music Classical

According to Apple, the pay later loan won’t affect their credit. However, once the service is implemented for all Pay Later loans, the borrower’s credit may also be impacted by their payment history, which may be reported to credit features. On your iPhone and iPad running iOS 16.4 and iPadOS 16.4, you can utilise Pay Later to make online and in-app purchases if you receive an invite.

“There is no one method that works for everyone when it comes to managing cash. We’re thrilled to offer Apple Pay Later to our users as many individuals are looking for flexible payment solutions. Jennifer Bailey, vice president of Apple Pay and Wallet, said in a PR.

Details About Apple Pay Later

Procuring this facility will require authentication with a passcode, Touch ID, or Face ID. Apple claims that its users’ purchases and loan histories are not sold or shared with any parties.

If you are an Apple user and a US citizen, then you are assured to get the amazing features of this service.