Announced at WWDC alongside iOS 16, Apple Pay Later will allow Apple customers to split the cost of purchasing an Apple Pay into four payable installments over a six-week period. When Apple Pay Later was announced, Apple says its service will come to iOS 16 “in a future update”however, an exact date has not been announced.
The service was expected to arrive shortly after the iOS 16 stable update was released, but it looks like Apple Pay Later won’t finally be released until next year. Indeed, according to a new report by Bloomberg reporter Mark Gurman, Apple’s service launch has been delayed to 2023 due to development issues.
Apple Pay Later will launch next year
Bloomberg’s Mark Gurman said in the latest issue of the “Power On” newsletter that the service will launch in the spring of next year alongside iOS 16.4. ” I’ve heard that there are some pretty significant technical and engineering challenges that are causing delays in the delivery of the service. ‘, he notes.
According to previous reports from Gurman, the company has been working on such a feature for over a year. He even made significant efforts. create a subsidiary called Apple Financing LLC to do credit checks and client approvals. Also, we already know that Apple must set a maximum credit limit per transaction: $1,000.
It seems that this service is the new $799 iPhone 14, $899 iPhone 14 Plus, $999 iPhone 14 Pro, but it’s not the most expensive model in the lineup, the iPhone 14 Pro Max, which retails for $1,099. Meanwhile, Mark Gurman, besides announcing that Apple Pay Later has been delayed, has also unveiled a new iPhone 15 Ultra to replace the iPhone 15 Pro Max next year.
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