Apple has opened up its buy now, pay later feature to retail employees for testing, suggesting that the company could release it to the public very soon.

 

Apple has opened up its buy now, pay later feature to retail employees for testing, suggesting that the company could release it to the public very soon.  The "Apple Pay Later" feature will allow users to split their Apple Pay purchases into four equal payments over six weeks, without interest or fees. Previously, Apple's corporate workers began testing the feature, which is now rolling out in beta to its more than 80,000 retail employees. First announced at WWDC last June, the pay later feature was due out with iOS 16 last year but experienced technical and engineering issues that caused delays. The latest test suggests that the feature will appear on Apple's Wallet app for iPhones and iPads in the near future. According to Bloomberg's Mark Gurman, Apple may also offer a feature, in partnership with Goldman Sachs, that splits the costs of larger purchases over several months, with interest included.