For Apple users the built in Apple Pay has become so ingrained in daily life that many have stopped taking credit cards out with them. Cash has gone the way of the dodo with businesses like Starbucks going completely cashless, solidifying the dominance of digital wallets.
One new feature set to hit iOS users in the next major update is Apple Pay Later, which is set to launch in iOS 16. Essentially this will be a short-term interest free loan from Apple, also known as a ‘buy now, pay later’ scheme, although it is only available in the US to start with.
There is no word yet as to when it will be made available in the UK, assuming it is launched with iOS 16. Apple has said that there is no integration needed with the retailer as it is all done internally through the tech giant so it is only a matter of time.
