Comment on Experts say Apple’s move into buy now, pay later is likely to catch on with customers—and bring out the regulators

Experts say Apple’s move into buy now, pay later is likely to catch on with customers—and bring out the regulators

Apple Pay Later could have broad implications beyond just the fintech world. Apple will now offer a buy now, pay later (BNPL) option for customers shopping with a retailer that accepts Apple Pay. Under the new arrangement, which was announced Tuesday, iPhone and iPad users can take out short-term loans with Apple of between $50 and $1,000, which must be paid back in four installments over the course of six weeks.Read Full Story

 

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