Apple is developing something really cool for Apple Pay users with something called Apple Pay Later.
Apple is working on Apple Pay Later to help you buy things without paying for them yet https://t.co/uodLiL7Ory pic.twitter.com/o86LDsQxEQ
— The Verge (@verge) July 13, 2021
With Apple Pay Later, customers will be able to buy any Apple Pay purchases in monthly installments and not limited to Apple products. Apple will work with Goldman Sachs as the lender and if you qualify you’ll be able to make payments in four no-interest payment plans.
Many say Apple hopes the new feature will bring more to Apple Pay instead of using credit cards. This new feature isn’t set in stone and could come alive or not come out altogether.