Apple Pay Later could raise concerns over BNPL regulation, expert says
Apple Pay Later is launching in September, but Big Tech's acceptance of buy now, pay later (BNPL) could raise concerns over regulations in the industry.
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Apple Pay Later is launching in September, but Big Tech's acceptance of buy now, pay later (BNPL) could raise concerns over regulations in the industry.
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Apple's credit card, the Apple Card, is nearly three years old.
Apple Pay Later will allow iPhone users to pay for purchases through an interest-free payment plan and track their upcoming payments through the Apple Wallet app.
The new Wallet features are designed to attract more people to Apple Pay and keep customers locked into the iOS ecosystem.