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Apple’s Pay Later installment credit scheme will live under a new lending subsidiary

The news that Apple would offer its own “buy now, pay later” service splitting any Apple Pay bill into installments hit the fintech lending world like a thunderbolt.But it turns out the new feature, while simple for consumers, necessitated a bit of backstage reorganizing at Apple, including a whole…

Read the full article at: techcrunch.com

The post Apple’s Pay Later installment credit scheme will live under a new lending subsidiary appeared first on News.

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