How to Use Apple Pay Later and Manage Your Costs

Apple Pay Later is a game-changer for managing your finances, especially during the holiday season. It allows you to split purchases into four equal payments over six weeks, interest-free.

To use Apple Pay Later, you need to have Apple Card and iOS 16.1 or later. This feature is only available in the US and can be used at participating merchants.

The four payments are automatically scheduled and deducted from your Apple Card account. You'll receive a notification for each payment, so you can stay on top of your finances.

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To use Apple Pay Later, you must first set up Apple Pay and add a debit card to your account. This involves following the steps outlined in Apple's setup guide, which you can access through the Wallet app on your iPhone.

You can then view and manage your cards in the Wallet app, making sure you have a debit card set up and ready to go.

Apple Pay Later is a new payment option announced on March 28, designed to help users' financial health by allowing them to split purchases into four payments over six weeks.

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To get started with Apple Pay Later, you need to set up Apple Pay first. This involves adding a debit card to your account.

You can do this by following the steps outlined in the setup guide, which can be found online. Just head to the Wallet app on your iPhone to view and manage your cards.

Before you can use Apple Pay Later, you must have a debit card added to your account. This is a requirement for the service to work.

The Wallet app is where you'll find all your cards, so make sure to check it out and get familiar with how it works.

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Apple Pay Later is a game-changer for those who want to make purchasing less of a financial burden. It allows you to split purchases into four payments that are spread out over six weeks.

The service is designed with your financial health in mind, making it a great option for those who want to manage their expenses more efficiently. Apple announced Apple Pay Later on March 28, so you can expect it to roll out soon.

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To make a purchase using Apple Pay Later, you need to have a supported debit or credit card linked to your Apple Pay account. You can check if your default card supports pay later by looking for the Pay Later hint under the card.

To use a different card, tap Change Payment Method or Other Cards & Pay Later Options. Tap the Apple Pay button or choose Apple Pay as your payment method. Tap a card that supports pay later to proceed.

You can make purchases between $50 and $1,000 using Apple Pay Later. To do this, add the items you wish to purchase to your shopping cart, then tap Check out with Apple Pay. Make sure your total purchase is between $50 and $1,000 and tap Continue.

If your card supports installments, you'll see a Pay Later hint below your card when you check out with Apple Pay online and in apps. Some banks and installment providers may require you to complete an application which is subject to eligibility and approval.

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Here are the steps to make a purchase using Apple Pay Later:

You can apply for Apple Pay Later options in a few different ways. To start, tap the Apple Pay button or choose Apple Pay as your payment method during checkout.

Tap Other Cards & Pay Later Options to see if any additional pay later options are available. If you see options listed under Additional Pay Later options, you can tap Set Up next to the one you want to use.

You'll then be transferred to the installment provider's website to complete your application. Once your application is approved, a card will be added to your Wallet app to complete the purchase using Apple Pay.

To apply for an Apple Pay Later loan directly, tap the Pay Later banner in the Wallet app. If you don't see it, tap the plus (+) icon at the top and select Available cards.

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You can also apply for a loan by tapping Set Up Apple Pay Later under Available cards. The first time you do this, Apple will show you several screens explaining how the feature works.

To apply for a loan, enter the amount you want, between $50 and $1,000, and Apple will display the details of the payment plan. If the details look good, tap Continue to process your request.

You'll be asked to supply your name, date of birth, phone number, and address, then confirm the information to run a credit check. Apple promises that the check will have no impact to your credit.

If your credit history is solid, you'll receive a message that you've been approved for the amount you entered.

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