BY JAMES SCOTT/ FEB  8, 2023

Apple Store Employees Are Testing 'Apple Pay Later' Through Its Paces Ahead of Its Launch

According to a report from Bloomberg's Mark Gurman, Apple made a beta version of its anticipated "Apple Pay Later" feature accessible to the company's more than 80,000 retail employees in the U.S. this week for testing.

 'Apple Pay Later' 

Apple Pay Later is a "buy now, pay later" finance solution introduced at WWDC 2022 last June. Eligible consumers in the U.S. can split an Apple Pay purchase into four equal installments over six weeks with no interest or fees due.

 'Apple Pay Later' 

The iPhone and iPad's Wallet app from Apple will include the capability. According to the article, Apple Pay Later was already being tested by the company's corporate staff.

 'Apple Pay Later' 

Apple CEO Tim Cook stated that Apple Pay Later would go live "soon." Gurman asserted that iOS 16.4, expected to start beta testing by the end of next week, might make the feature accessible to the general public.

 'Apple Pay Later' 

According to Apple's website, Apple Pay Later might initially only be accessible in some states in the United States.

 'Apple Pay Later' 

Similar to 2019, two months before the credit card's launch, Apple's store staff were given access to the Apple Card for testing.

 'Apple Pay Later' 

According to the story, Apple has been working with Goldman Sachs to create a unique financing option called "Apple Pay Monthly Installments."

 'Apple Pay Later' 

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