Apple is working on Apple Pay Later, the source said. As the name implies, we are talking about a financial service. In this case, about the possibility of paying for the products of the Cupertino giant in installments. Works on Apple service with Goldman Sachs.
Now Apple already has an installment plan based on Apple Cards, but the new service will not be tied to them. An application for the purchase of something in installments will need to be submitted through the Wallet application on the iPhone, that is, apparently, buying your first iPhone will not work that way.
In addition, Apple is working on temporary Apple Pay Later digital credit cards, but details are not yet available. As usual, the service is likely to be initially only available in the US.