Apple Pay Introduces New Installment Options

Apple has announced a significant expansion of its Apple Pay service. Marking its 10th anniversary, Apple Pay users in the US and the UK can now choose from a variety of installment loan options, thanks to new partnerships with financial providers. With the integration of Affirm in the US and Monzo Flex in the UK, eligible users can easily select installment plans whenever they checkout online or in-app with Apple Pay on their iPhones or iPads.

In an exciting development, Klarna's flexible payment options have become accessible at Apple's checkout process, providing more pathways for users in the US and UK. Klarna, which recently became an official Apple reseller, promises enhanced financing options through its app.

Looking ahead, Apple plans to expand these options further by incorporating installment payments for eligible credit and debit cards in the US, supported by partners like Citi and Synchrony. This expansion is not limited to the US, with similar services set to roll out in Australia, Singapore, Spain, and the UK, with a lineup of partners ready to offer these financing solutions.

PayPal Balance Integration in Apple Wallet

In another exciting move, Apple users in the US will soon be able to see their PayPal balance directly within their Apple Wallet. Expected to launch next year, this feature aims to bolster users' financial visibility and confidence while shopping.

Enhanced Compatibility with Third-Party Browsers

Apple is also extending the reach of Apple Pay's convenience and security. Users can now utilize Apple Pay on third-party web browsers and non-Apple computers. This capability allows users to scan a code with their iPhone or iPad, securely completing their payments through Apple Pay.

Currently, Apple Pay is a highly adopted service globally, boasting millions of users across 78 countries and supported by over 11,000 banks and financial partners worldwide.

For further details, consider viewing the Original Source, initially reported by 9to5Mac.