Apple is pushing further into financial services with the launch of Apple Pay Later loans in the US.
The new service will allow customers to apply for loans of $50 (£40.57) to $1,000 (£811.40) and repay through four payments over six weeks, with no interest or fees, Apple announced on Tuesday. Like similar services from Klarna and Clearpay, Apple will allow customers to pay in installments instead of making a full payment straight away.
