in previous weeks or months launch from new models iPhone 15Users of Apple devices will be able to access a new feature called Pay Later (Late payment), loan on purchase with a compatible iPhone.

In addition, the possibility of making payments after purchases and dividing them into small installments without increasing interests, I wouldn’t be the only one function which would be available with this feature because it is possible in addition loans Similarly, what can be used for a banking entity regular.

Users who use the feature Apple Pay later They can choose this type of financing, however, as with a bank, they must be evaluated before accessing it.

According to speaker Mark Gurman, the method the company would use to decide which people it would accept loans from, among others, would be record Shopping stores Manzana and type devices they own.

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Although the loan system in the company is still in the testing phase, which means that there are no customers outside Manzana can access it, it was found that so far the company has approved loans amounting to Rs $1000 or less.

These maximum amounts may be affected by the data that the Company collects from each user, such as transactions applications shopPayments through Apple Cash, except for other expenses with authorized distributors of Apple products. Manzana.

In this way, the company will be able to determine what clients has greater capacity spent apply

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Long term payment service

In addition to the already announced service Pay later which is not yet available to all device users Manzana Worldwide, even though it was advertised as a feature iOS 16 in 2022 yearOne of the additional features it will have will be to divide specific large sum payments into a more friendly way for each person.

According to Mark Gurman, like the borrowing feature, this feature is still in internal testing at Apple, so it’s not known when it might be available to the general public with iPhones. “Monthly Tax” of Georgia. Apple Pay It will have the same functionality as the regular version, which splits payments into smaller amounts, however periods in a shorter time.

Although the concept of both features is similar, there is a major difference Monthly fee is that this feature targets larger payments that can be divided into longer periods as its name suggests and includes an interest rate as the payment period is longer.

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According to the company, the payment function Apple Pay will be addressed only to its users USA And this will allow the cost of purchases to be spread over six weeks. During this period, users must make a total of four payments in equal installments, while the monthly installment version has no amount or limited time that is confirmed Manzana.