APPLE just introduced a new Pay Later feature at its World Wide Developers Conference.
Pay later allows you to split the cost of an item into four equal payments with no additional cost or interest payment.
The feature works like Klarna, a popular way to split payments.
You can use Pay Later wherever Apple Pay is accepted.
This means you may find it easier to buy larger items and spread the cost to fit your weekly budget.
The Pay Later option is in your Apple Pay settings.
Apple says it’s working hard to replace your physical wallet with the Wallet app.
It’s already trying to integrate US driver’s licenses into the wallet app.
It also allows apps to securely present your identity, including stating that you’re over 21 – rather than revealing your birthday to third parties.
Apple Pay is also expanding to include Tap to Pay on iPhone, allowing contactless payments to be accepted without additional hardware.
Merchants can use their own iPhones to accept these contactless payments.
What is the Apple WWDC 2022?
WWDC is Apple’s annual developer conference where app makers gather in large numbers.
Apple also uses the event to make important announcements about its products.
Apple’s 2022 will also be mostly virtual, but with a special limited-capacity event.
We pay for your stories!
Do you have a story for The US Sun team?
https://www.the-sun.com/tech/5501532/new-iphone-pay-later-trick-apple/ New Pay Later iPhone trick means you can split Apple Pay purchases into FOUR payments