One of the features that is going to debut on the devices Manzana as iPhone or iPad This is Apple Pay laterA feature dedicated to the financial sector that will be included as part of Apple PayPayment form created by the company technology.

This method of updating users PaymentsAllows people to make purchases Electronic wallet from Manzana and “pay later” installments, so payments can be split bills More convenient, which can be paid in the following weeks after the purchase.

This form of payment Manzana Not only trying to increase sales companies and consumers benefit from small payments spread over a short period of time a Commission Additional or interest charges for fragmentation Pay it.

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Version of long-term payments

Mark GurmanA journalist who specializes in Bloomberg technology noted that although currently function It is being tested by an even larger number of users, including some workers companyThe feature is still being improved.

According to Gurman, the Cupertino company is also developing a different version called “monthly installments.” Apple Pay“, which will have the same functionality as the regular version, although this new feature will allow users to Payments Divided into monthly periods, as opposed to weekly as in the current trial version.

Although the concept of both features is similar, there is a major difference Monthly fee is that this feature is aimed at larger payments that can be divided into longer periods, as its name suggests, and includes interest rate Because the payment period is longer, however, the additional amount payable will not be more than what is currently charged to the other financial services ordinary

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According to Apple, its function Payments It will only be directed to his community USA and will allow the cost of purchases to be spread over six weeks, in which a total of four payments must be made in equal parts, and the version Monthly fee There is no amount or limited time period that is confirmed Manzana.

Apple’s future financial performance

Although the official release date of the feature has not been confirmed Pay later Apple, the company is close to launching another feature dedicated to the financial sector, such as a savings account Apple cardwhich will be related to the application Electronic wallet of the company.

Although its inclusion iPhone As of last October, Apple has yet to include it in the system functions iOS 16 Like pay later. In this particular case the saving function can only be used USA Because it can only be in dollars.

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With this new way to save on a credit card Manzana People will be able to redeem their daily rewards directly to their accounts without the need to go through any additional processes other than seeing statistical growth. savings present in accounts.