Apple (NASDAQ:AAPL) Set to Disrupt the BNPL Market

iPhone maker Apple (NASDAQ:AAPL) launched its Apple Pay Later plan on March 28, a buy now, pay later (BNPL) program. The pre-release version of the Apple Pay Later plan was launched to a select few users yesterday and will be rolled out to the broader …

Apple launches buy now, pay later service in US

Users can apply for loans between $50 and $1,000, which can be used for online and in-app purchases made on iPhone and iPad with merchants that accept Apple Pay, according to the company. Apple Pay is accepted by over 85% of US retailers, the company said.