Apple to Expand Further into Payment Services with Built-in BNPL Option
Retail TouchPoints
JUNE 7, 2022
The service, called Apple Pay Later , will let users split any Apple Pay purchase into four equal payments, spread over six weeks, with zero interest and no fees. Valued at $5 billion in 2021, the global BNPL market is projected to be worth upwards of $39 billion by 2030, according to Grand View Research.
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