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More users in the US might be getting access to the Apple Pay Later service. This service found its way to the public about a year and five months ago, but now more users can get to experience it. Apple is giving more users access to this shopping service from the Apple Wallet, and some users can even access it directly from the company’s website homepage.
If you haven’t heard anything about this service, and you live in the US, you might be wondering what it’s all about. Well, it does exactly what its name states, letting users purchase Apple products now and pay later. The catchy thing about this impressive shopping service Apple is now expanding access to is that there is no interest in products purchased.
Over the past few months, Apple has been treating this service as a pre-release, hence limiting access to most users. Only a few users in the US could access it, and also it didn’t affect all iPhones or iPads that the brand had to offer. But now this shopping service is rolling out to more US users, but there are a few things that you need to take into mind.
The wide rollout of the Apple Pay Later service sparks concerns over consumer safety
Sometimes getting a new phone might be a bit of a hassle, especially when the need is sudden. At times like these, users might not be able to purchase a new device at the time they require one because they lack access to cash. For this reason, the Apple Pay Later service was born to make purchasing a new device in tight financial situations easier for users.
Users who intend to use this feature to make a purchase are to take a few things in mind. The service is only available for purchases between $75 to $1000, which gives users a wide range of choices. Additionally, this service only covers iPhones and iPads (and possibly some accessories) at this time, as Apple might expand the product list in the future.
To benefit from this service, users need to purchase at Apple-authorized retailers. These include the official Apple website and physical stores around various locations in the US. The service is also very accessible by using Apple Wallet as a payment option.
Payment will run over six months, during this timeframe the user will make a total of four instalments. There are no interest or late fees, as Apple says that the purpose of this feature is for users. Despite how good this shopping service sounds, there are concerns over consumer safety.
The major concern here is users carrying debts from using the Apple Pay Later service. There is also the concern of Goldman Sachs, a partner with Apple, on instalments’ payment pulling out from the partnership. These are some valid concerns that need proper clarification as this shopping service rolls out to more users in the US.