Phones Canada is excited to announce that Apple Pay Later, Apple\u2019s short term interest-free loan service, is now available to all iPhone and iPad users in the United States. Previously, access to this service was by invitation only, but now anyone can take advantage of it.<\/p>\n
There has been a slight change in the loan terms as well. Previously, the minimum loan amount was $50, but Apple has now increased it to $75. Keep in mind that every time you borrow money using Apple Pay Later, you will need to submit a new application. The good news is that these applications will not impact your credit score.<\/p>\n
To be eligible for Apple Pay Later, you must be 18 years of age or older. However, there are certain regions where this service is not available, including Hawaii, New Mexico, Wisconsin, and the U.S. territories.<\/p>\n
Setting up Apple Pay Later is simple. You can do it through the Apple Wallet app or when you make an online or in-app purchase. The first time you use it, Apple will request some basic information. After providing this information, you won\u2019t need to provide it again, but you can update it whenever necessary.<\/p>\n
To set up Apple Pay Later through the Apple Wallet app, open the app, tap on the \u201c+\u201d button in the top right corner, and select \u201cSet Up Apple Pay Later.\u201d Follow the on-screen instructions to complete the setup. Alternatively, you can apply when making a purchase by selecting Apple Pay at checkout, tapping on the \u201cPay Later\u201d tab, and following the instructions.<\/p>\n
If you want to see the Apple Pay Later option when using Apple Pay online or in apps on your iPhone or iPad, make sure to toggle on the \u201cShow Apple Pay Later Option\u201d in your Settings menu under \u201cWallet & Apple Pay.\u201d This way, you\u2019ll always have access to this feature.<\/p>\n
Once you take out an Apple Pay Later loan, you can easily track and monitor your loan. Apple provides a calendar to help you keep track of payment due dates. Additionally, you will receive notifications and emails from Wallet reminding you of upcoming payments.<\/p>\n
It\u2019s important to note that loan repayments must be made using a debit card linked to your Apple Wallet app. Apple strictly prohibits the use of credit cards for Apple Pay Later repayments, as this could result in using debt to pay off debt, which is considered financially irresponsible.<\/p>\n
Apple Pay Later is a convenient option for those who need a short term loan without incurring interest fees. It\u2019s now available to all iPhone and iPad users in the United States, making it easier than ever to manage your finances through Apple\u2019s ecosystem.<\/p>","protected":false},"excerpt":{"rendered":"
Phones Canada is excited to announce that Apple Pay Later, Apple’s short term interest-free loan service, is now available to all iPhone and iPad users in the United States. Previously, access to this service was by invitation only, but now anyone can take advantage of it. There has been a slight change in the loan […]<\/p>\n","protected":false},"author":9,"featured_media":224671850,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":255,"footnotes":""},"categories":[255],"tags":[],"class_list":["post-224671849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-apple-tips-news"],"_links":{"self":[{"href":"https:\/\/phonescanada.com\/ar\/wp-json\/wp\/v2\/posts\/224671849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/phonescanada.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phonescanada.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phonescanada.com\/ar\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/phonescanada.com\/ar\/wp-json\/wp\/v2\/comments?post=224671849"}],"version-history":[{"count":0,"href":"https:\/\/phonescanada.com\/ar\/wp-json\/wp\/v2\/posts\/224671849\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/phonescanada.com\/ar\/wp-json\/wp\/v2\/media\/224671850"}],"wp:attachment":[{"href":"https:\/\/phonescanada.com\/ar\/wp-json\/wp\/v2\/media?parent=224671849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phonescanada.com\/ar\/wp-json\/wp\/v2\/categories?post=224671849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phonescanada.com\/ar\/wp-json\/wp\/v2\/tags?post=224671849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}