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How does Apple Pay Later calculate interest rates?

What are the fees on a transaction using Pay Later?


What is the interest rate on the installment loan created when using Apple Pay Later option?


[Re-Titled by Moderator]



Posted on Oct 31, 2024 6:50 AM

Reply
2 replies

Oct 31, 2024 7:01 AM in response to duaine

The Apple Pay Later program was discontinued earlier this year. APL has been replaced with a more flexible payment program.


>>Additional card features supported with Apple Pay


You can pay with installments and rewards using eligible debit and credit cards when you check out with Apple Pay online and in apps, on iPhone and iPad.


Some cards from participating banks might not support these features. Contact your bank for more information.


Pay with installments 


U.K.

Klarna

Monzo


U.S.

Affirm*

Klarna*

*Also available for new customer applications.<<


Apple Pay participating banks in Canada, Latin America, and the United States - Apple Support


How does Apple Pay Later calculate interest rates?

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