Apple Inc (AAPL.O) on Tuesday launched its buy now, pay later (BNPL) service in the United States, a move that is likely to disrupt the financial technology sector dominated by firms like Affirm Holdings (AFRM.O) and Swedish payments company Klarna.
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Apple Inc on Tuesday launched its buy now, pay later (BNPL) service in the United States, a move that is likely to disrupt the financial technology sector dominated by firms like Affirm Holdings and Swedish payments company Klarna.
Apple rolls out buy now, pay later service: What to know
Apple is getting into the buy now, pay later space with a few tweaks to the existing model, including no option to pay with a credit card. The company will
Apple launches Pay Later allowing users to split purchases into 4 with no fees
Apple will allow customers from today to apply for loans between $50 (£40) and $1,000 (£800) with shops that accept Apple Pay. However, the loans are limited to certain products