Apple Pay later

Apple Pay later

On Tuesday, March 28 in the United States, Apple launched a trending feature in its digital wallet, called Buy now pay later.

In this digital wallet customers will be paid for shopping online through installments.

Using this new feature you can buy now and pay later i.e. Buy now pay later.

Apple named this new feature ‘Apple Pay Letter’.

Customers can make purchases in four split installments over six weeks. With no fees or interest.

It is known that first it will be able to use this feature for some selected users and the full roll-out will be done within the next month.

Only Apple users can apply for a loan ranging from $50 to $100 to make purchases on the online app.

And you have to use Apple pay to make purchases through the online app and you don't have to pay any interest for this loan.

According to the Apple company release, this feature will only be offered to some selected Apple users in the United States.

In this digital wallet customers will be paid for shopping online through installments.

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