The Apple Pay Later service that Apple has in the works is set to launch “soon,” Apple CEO Tim Cook told CNBC ahead of today’s earnings call for the first fiscal quarter of 2023.
Cook said that Apple employees are beta testing the Apple Pay Later feature, which will help Apple boost services revenue. “It will be launching soon,” Cook said.
Apple Pay Later was first previewed at the Worldwide Developers Conference in June. It is similar to the buy now, pay later feature offered by PayPal, and it is designed to allow users to make multiple payments for their purchases.
With Apple Pay Later, a purchase can be split into four payments that can be made over the course of six weeks, and the option will be available where Apple Pay is accepted. Payments will be managed through the Wallet app.
Popular Stories
Report Highlights Danger of Using AirTags for Tracking Dogs
AirTags may be a convenient way for tracking dogs that might get off leash or otherwise lost, but there are dangers associated with the practice, as outlined by a report from The Wall Street Journal. At 1.26 inches in diameter, AirTags are able to fit easily on a dog’s collar, but that size also makes the tracking devices small enough to swallow, at least for a medium to large-sized dog, and …
Five New iOS Features Coming to Your iPhone Later This Year
Apple has previously announced several upcoming iOS features that are expected to be added to the iPhone this year. Some of the features could be introduced with iOS 16.4, which should enter beta testing soon, while others will arrive later in the year. Below, we have recapped five new iOS features that are expected to launch in 2023, such as an Apple Pay Later financing option for purchases …
The Next Big Apple Silicon Device May Not Be a Mac or iPad
Apple’s next device with an Apple silicon chip may not be a Mac or an iPad, but rather an advanced external display, according to recent reports. The display, which is rumored to arrive this year, is expected to sit somewhere between the $1,599 Studio Display and the $4,999 Pro Display XDR – but more exact information about the device’s positioning and price point is as yet unknown. While …
Apple Launching All-New CarPlay Experience Later This Year With These 5 Features
In June 2022, Apple previewed the next generation of CarPlay, promising deeper integration with vehicle functions like A/C and FM radio, support for multiple displays across the dashboard, personalization options, and more. Apple says the first vehicles with support for the next-generation CarPlay experience will be announced in late 2023, with committed automakers including Acura, Audi,…
New HomePod Can Still Stain Some Wooden Surfaces
When the original HomePod launched in 2018, it was discovered that the speaker can leave white rings on some wooden surfaces. Now, well-known YouTuber Marques Brownlee has confirmed that the issue persists to a lesser extent with the new HomePod. In a side-by-side test, he showed that the white second-generation HomePod left a white ring on the wooden surface that he placed the speaker on,…
Apple Explains Why HomePod Was Released Again, Wi-Fi 4 Limitation, and More
Apple’s VP of hardware engineering Matthew Costello and product marketing employee Alice Chan recently spoke with Men’s Journal and TechCrunch about the new second-generation HomePod in wide-ranging interviews about the smart speaker. Apple discontinued the original full-size HomePod in March 2021 after multiple reports indicated that sales of the speaker were lackluster, but Chan told Men’s …