Big changes are coming to Apple Pay and the Wallet app in iOS 16 at a later date.
Today, Apple announced during its WWDC 2022 keynote a new part of Apple Pay called “Apple Pay Later” that will enable users to pay for part of an order and then the rest of it later on when it is best for them.
The payments are laid out over a six-week period and will not have any interest. However, a user’s financial institution could add a fee to those paying with a debit card if they have insufficient funds in their account.
Users are able to access Apple Pay Later anytime they are using Apple Pay as their payment method for an order. It is available both in apps and through websites. It can also be applied for in the Wallet app.
The service uses MasterCard as its network, which is the same one that is used for Apple Card.
Another feature that was added today was the ability to track orders. Those that use the feature will get receipts from orders with tracking numbers and info so customers can see where their packages are at and when they will be delivered. At this time, the feature is said to be available with “select merchants.”
Additionally, in states where residents can add their driver’s license or state ID to the Wallet app, currently just Arizona and Maryland, Apple has developed a way for users to share their card with apps like UberEats to confirm whether or not the customer is 21+ years or older when buying products like alcohol.
In the name of privacy, when this information is used for age verification, Apple says, “only the necessary information required for the transaction will be provided to the app, and the user can review and consent to share it using Face ID or Touch ID.”
Online gaming has taken off in recent years, with players spending money on in-app purchases, skins, upgrades, and more. From learning the latest strategy for massively multiplayer online games like World of Warcraft to memorizing poker hand rankings to improve decision-making during a game of poker, gamers invest a lot of time and energy in perfecting their craft. Since online gaming isn’t always free, the costs can add up over time, making Apple Pay a convenient solution for those strapped for cash. Apple Pay Later allows users to pay for purchases immediately or spread out payments over time, giving players another option for managing their finances.
When it comes to keys, the key for Apple is sharing.
In iOS 16, users will be able to share a home, office, hotel, and vehicle keys through apps like iMessage and the default Apple Mail app.
All of the features listed here are set to be available once iOS 16 is released this fall. An official release has yet to be announced by Apple.
What are your thoughts on the upcoming changes to Apple Pay and the Wallet app? Comment below or let us know on Twitter at @appleosophy.
