Apple Introduces Pay Later Service to Split Payments Into Four Installments

Apple has launched a new payment method when it comes to their Apple credit card. Apple has announced the introduction of Apple Pay Later, which gives users the option to split purchases into four payments. As detailed in a post on Apple’s Newsroom, the new feature lets users choose the option to split payments that total $50 to $1,000 into four over the course of six weeks. It can be used for online or in-app purchases with retailers who accept Apple Pay across both iPhone and iPad.