Apple Pay Later could be facing some serious delays

It looks like Apple’s buy now, pay later (BNPL) service won’t be seeing the light of day for some time yet. 

Apple Pay Later – an extension of Apple Wallet that will let shoppers split the cost of a purchase made with their device into four equal payments over six weeks, without incurring interest or late fees – is facing some “significant” setbacks that could delay its launch until next year, according to Bloomberg (opens in new tab)’s Mark Gurman.

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