December 1, 2022

Apple Pay Later could not arrive till subsequent spring. bloomberg Mark Gurman. As chances are you’ll bear in mind, Apple introduced the “purchase now, pay later” function at WWDC 2022 after which stated that it’ll seem with iOS 16. Nicely, the newest model of the cellular working system is already right here, and Apple Pay Later is nowhere to be discovered. . be discovered.

A footnote on Apple’s web site says the function will come “in a future replace.” As Gurman factors out, different beforehand introduced iOS 16 options that are not obtainable but are listed as “later this yr.” Gurman believes that this discrepancy is because of the truth that Apple doesn’t know when the Pay Later function can be prepared, and this function could solely seem in iOS 16.4, which can be launched in 2023. out of service, which results in delays,” he notes.

It’s fascinating to know that Apple is going through technical points in implementing the Pay Later service. Primarily based on a earlier Gurman report, the corporate has been engaged on this function for over a yr. The corporate has even gone to nice lengths to create a subsidiary known as Apple Financing for credit score checks and buyer approvals. All these steps point out that the corporate sees monetary companies as an necessary a part of its future.

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