Apple Launches Apple Pay Later in US, Will Allow Users to Split Purchases Into 4 Interest-Free Payments

Apple on Tuesday launched its “buy now, pay later” (BNPL) service in the US, a move that threatens to disrupt the fintech sector dominated by firms like Affirm Holdings and Swedish payments company Klarna. The service, Apple Pay Later, will allow users to split purchases into four payments spread over six weeks with no interest … Read more

Seven Mega Banks to Team Up on Digital Wallet, Compete With Apple Pay, PayPal: Report

Bank of America, JP Morgan, and Wells Fargo could be among seven mega global banks that could soon team up to launch a digital wallet now that digital assets have begun to see adoption in different parts of the world. The aim behind this potential initiative is to compete with other payments platforms like Apple … Read more