In June, Apple discontinued its year-old buy-now, pay-later service referred to as Apple Pay Later, which let qualifying prospects break up a purchase order made with Apple Pay into 4 equal funds over six weeks, with no curiosity or charges. As a substitute, Apple mentioned prospects within the U.S. would be capable to apply for loans from buy-now, pay-later firm Affirm once they try with Apple Pay, beginning with iOS 18 and iPadOS 18.
Alongside the launch of iOS 18 and iPadOS 18 as we speak, Affirm has formally introduced its financing partnership with Apple and shared extra particulars. Beginning as we speak, qualifying Apple Pay customers within the U.S. can use Affirm to separate eligible purchases into biweekly or month-to-month funds “for as little as 0% APR,” based on the press launch.
iOS 18 and iPadOS 18 customers can choose “Different Playing cards & Pay Later Choices” when testing with Apple Pay, select Affirm, and full an eligibility examine with no credit score rating impression. Authorised prospects can then select a cost plan.
Through: 9to5Mac
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