BNPL loan firms jump into the Apple Pay Later gap
Apple’s decision to close its own BNPL scheme has opened opportunity up to other companies in the BNPL space
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Apple shuts Apple Pay Later, but it will return (sorta)
Apple has closed down its US Apple Pay Later service, but plans to introduce a similar solution globally later in the year.
Adobe Data Hints Apple Pay Later Had a Happy Thanksgiving
Sales data from Adobe suggests Apple’s Buy Now Pay Later service became an Apple Magic Money Tree across the Thanksgiving shopping season in the USA.
PayPal, Venmo come to Wallet as the Apple Pay service grows
Apple users can now add PayPal and Venmo debit cards to Apple Wallet – and still earn the same cashback/rewards on eligible purchases as they did before.
Apple Pay in Korea sees 26 million transactions in first month
Apple Pay has achieved over 25.8 million transactions in Korea since it launched on March 11, prompting fast adoption of NFC terminals at retailers nationwide.
Social media just keeps talking about Apple Pay Later
Apple has the world’s most talked about mobile payments service ecosystem with Apple Pay, a good platform from which to enter the Buy Now Pay Later (BNPL) space
This is why Apple Pay services adoption will accelerate fast
Almost 40% of US consumers already prefer to pay for their orders at restaurants and bars using mobile payment apps like Apple Pay, rather than physical cards
Apple soft launches invite-only Apple Pay Later in US
Apple begins limited pre-release US rollout of long awaited Apple Pay Later service as it aims to grab a slice of the $24 billion and growing BNPL market.
Apple Pay Later will look at previous Apple purchases
It appears your spending history with Apple will be among the criteria used to extend Apple Pay Later loans as company seeks to use soft credit checks.
Apple Pay gets ready to grab a $24b market opportunity
Apple Pay Later seems later than expected but Apple has expanded internal testing of the service, which suggests it is toward introduction.
