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It was marketed as a risk-free budgeting tool designed to help young shoppers buy a dress or a pair of sneakers before payday.
After a limited rollout in March, Apple Pay Later is now available to all U.S. users.
Use Apple Pay Later to pay for your purchase in four equal payments with no interest or fees.
Apple Pay Later is Apple's short-term financing solution that spreads payments over six weeks, and it is now available to all eligible users in the United States.
The slow rollout of Apple's buy now/pay later service contrasts starkly with the aggressive moves of leading BNPL fintechs. Analysts say Apple's restraint could pay off in time.