Apple launches buy now, pay later service in the US

”Apple Pay Later will definitely beat some other players out. Other companies may look at Apple’s announcement today because they are a ubiquitous name. It will eat into other players’ market share,” said Danni Hewson, director of financial analysis at AJ Bell. Hewson added that Apple Pay Later will be a disruptor as consumers look for the easiest way to get what they want stuff because their wallets have been stretched by inflation.

exist50, pandemic-related lockdowns turned shoppers to online payment platforms, boosting interest in offering BNPL services The needs of fintech companies, especially for millennial and Gen Z customers. Digital payment giants including 6464 PayPal Holdings Inc.