Apple Pay Later is coming to more users

Last month, the Apple Pay Later feature debuted, but it was a gradual rollout. Only a few users had the right to it. Today more people can take advantage of the system. It’s still reserved for the United States.

iPhone users will see an “Early Access” banner for Apple Pay Later in the Cards app (Wallet) if chosen and a message will be sent to their email address (the one in the Apple account). There doesn’t seem to be a way to force an invite, but those who want to try Apple Pay Later must live in the United States, be 18 or older, and update their iPhone to iOS 16.4 or later.

Looks like #ApplePayLater is continuing to roll out Early Access!

Screenshot h/t to @jbivphotography: pic.twitter.com/slT3XOIezA

— Will Sigmon (@WSig) April 28, 2023

Apple Pay Later allows users to split their purchases into four payments, spread over six weeks. Users can easily track, manage and repay their loans in one convenient place in the Cards (Wallet) app. They can apply for loans of $50 to $1,000, which can be used for purchases online and in iPhone and iPad apps from merchants that accept Apple Pay.

Also, the service is managed by Apple and not a bank. This is Apple Financing, a subsidiary that is responsible for credit reporting and loan origination. Apple Financing plans to report Apple Pay Later loans to U.S. credit reporting agencies starting this fall, so they can be considered in users’ overall financial profiles and can help promote responsible lending for both lender and borrower.