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Apple offers installment payments – New offers also for the automotive industry

admin by admin
June 8, 2022
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Apple offers installment payments – New offers also for the automotive industry
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San Francisco Apple is competing with PayPal and Klarna. At the start of the WWDC developer conference, the iPhone manufacturer announced on Monday that purchases will be made by instalments in the future. The offer will apply wherever Apple’s payment system is accepted. Users could split sums of money into up to four individual payments – without interest and fees. In the corona crisis, the business with installment payments (Buy now, pay later – BNPL) boomed, but in view of rising interest rates and high inflation, reports of repayment problems of individual customers are now increasing.

Attention was also attracted by Apple’s announcement that its software is more focused on the needs of automakers and is better integrated into the fittings. For the first time, the application can display information about speed, direction and tank data. Ford plans to use the new software and equip cars with it from next year, Apple said.

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