You will no longer have to worry so much if Apple fleeces you when you buy your iPhone, because with ‘Apple Pay Later’ they will then lend you up to $1,000 to be returned in 6 comfortable interest-free installments.
It’s no secret that Apple is snacking on the entire Android pie in the mobile industryand that the majority of users bet on larger mobiles than in the end They are also the most expensive both in the Cupertino catalog as in Android, also counting on the fact that Apple has unthinkable profit margins for other brands, establishing itself more and more as the star option of the cut premium.
Perhaps for this reason, because they know that when a user is looking for a high-end range, there is a good chance that they want to buy an iPhone, the manufacturer of the apple now seeks to convince more and more users with the new service ‘Apple Pay Later’which will facilitate the necessary financing when buying such an expensive phone.
This was told to us by our classmates. Android Authoritywhich reported a service that will allow us to borrow money from Appleto buy the iPhone that we want and return it later in several interest-free installments directly to those of Cupertino, without financiers or intermediaries.
Apple wants to attract more users to the clutches of its iOS platform, so it will lend up to $1,000 to anyone who buys its products through the ‘Apple Pay Later’ service.
As you will see, ‘Apple Pay Later’ It is only available in the United States. at least initially, turning Apple into a kind of lender that will give facilities to its customers, although with conditions that, in reality, are not that good either If we take a closer look at them.
In fact, we can request the loans in amounts ranging from $50 to $1,000but the vast majority of Apple’s product catalog, with the largest iPhones included, They cost a lot more money than those 1,000 euros that they lend us from the company led by Tim Cook.
How the new ‘Apple Pay Later’ service looks like on iPhone mobiles.
These loans are requested from Apple Wallet and can only be used for online and in-app Apple Pay purchasesso Android users won’t have access to them, or at least have to register first as users of the Apple ecosystem upon receipt of the devices.
The operation is almost like a line of credit, because once the service is requested ‘Apple Pay Later’the Cupertino firm perform a credit check and authorize or not the operationleaving the user to be the one to select the payment method ‘Apple Pay Later’ on your next purchases.
The money will also have to be returned fairly quickly, in four payments to be spread over six weeks without interest or additional charges. And finally another requirement, since it will be necessary iOS 16.4 or iPadOS 16.4 To use ‘Apple Pay Later’.
