Apple launches buy now, pay later service in US

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Apple launches buy now, pay later service in US
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:Apple Inc on Tuesday launched its buy now, pay later (BNPL) service in the United States that will allow consumers to pay for purchases over time.The service, Apple Pay Later, will allow users to split purchases into four payments spread over six weeks with no interest or fees, the company said.Users

:Apple Inc on Tuesday launched its buy now, pay later service in the United States that will allow consumers to pay for purchases over time.

Users can apply for loans between $50 and $1,000, which can be used for online and in-app purchases made on iPhone and iPad with merchants that accept Apple Pay, according to the company.BNPL firm Affirm Holdings Inc's shares fell 2.7 per cent.

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Apple launches buy now, pay later serviceApple launches buy now, pay later service:IPhone maker Apple Inc on Tuesday launched its buy now, pay later service 'Apple Pay Later' in the U.S. that will allow consumers to pay for purchases over time.The service will allow users to split purchases into four payments, spread over six weeks with no interest or fees.Users can apply for loans
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