Nearly two years after its initial announcement and about eight months after its nationwide debut, Apple Pay Later is being discontinued. In the wake of that announcement, the company is charting its wider path, outlined just last week, toward offering a range of pay-over-time lending...
Apple has reportedly launched Apple Pay Later for all qualifying U.S. residents. Available on an invite-only basis since March, the buy now, pay later (BNPL) feature is now accessible in the Wallet app on the iPhone, MacRumors reported Tuesday (Oct. 24). Apple did not immediately reply to PYMNTS’ request...
Hardware’s growing — specifically, the phones — but for Apple, services are slowing. Drilling down into the Q2 results, the tech giant’s iPhone revenue was $51.3 billion, up from $50.6 billion a year ago, against a backdrop where industrywide smartphone sales declined. The demand for...
Launched way back in 2014, Apple Pay was supposed to ignite contactless payments, with Apple devices as the conduit. Consumers would move beyond using the physical wallet at the point of sale — especially the physical point of sale — and juggling plastic debit and...
June 21, 2024
The holiday-shortened week saw the FinTech IPO Index slip 2.1%. Year to date, the index has eked out a meager 2.3% gain. Apple’s continued push into payments — and specifically, paying over time — grabbed its share of headlines this past week. Apple, Affirm in Spotlight Shares in Affirm slid more than 15% through the […]
March 28, 2023
Launched way back in 2014, Apple Pay was supposed to ignite contactless payments, with Apple devices as the conduit. Consumers would move beyond using the physical wallet at the point...
July 14, 2021
The mobile wallet race officially became the mobile wallet war Wednesday, after Facebook announced plans to support the use of its Facebook Pay system on sites outside of its ecosystem. This first...
October 25, 2023
Apple has reportedly launched Apple Pay Later for all qualifying U.S. residents. Available on an invite-only basis since March, the buy now, pay later (BNPL) feature is now accessible in the Wallet app on the iPhone, MacRumors reported Tuesday (Oct. 24). Apple did not immediately reply to PYMNTS’ request for comment. With Apple Pay Later, eligible customers can split […]
March 28, 2023
Apple has begun rolling out an installment payments program that’s built into the Apple Wallet. The new Apple Pay Later was released to select, invited users Tuesday (March 28) and...
February 15, 2023
Taking part in Apple’s Pay Later service might depend on your history with Apple. The company will apparently evaluate potential customers based on their past spending with Apple, and even...
August 06, 2021
Apple Cash customers can now use Instant Transfer with Mastercard debit cards in addition to Visa debit cards to move Apple Cash to their bank accounts. Starting August 26, the...
