Apple Pay Later launch postponed; could be delayed until 2023

A new feature that was announced during WWDC 2022 with the unveiling of iOS 16 is going to be delayed a bit.

According to Bloomberg’s Mark Gurman in his Power On newsletter, it looks as though there are some engineering and technical difficulties with the feature. Gurman also stated he believes the feature may not be released until iOS 16.4, which may not be released until next spring.

If it would have been released this holiday season, it could have been a good feature and help Apple Pay users make payments on purchases at later dates since the service has no interest fees or fees of any kind in it, and allows users to make four payments on purchases for six weeks.

In fact, here is how Apple describes Apple Pay Later:

Apple Pay Later lets customers split a purchase into four equal payments over six weeks, with no interest or fees to pay. Apple Pay Later is available for purchases in apps and online when customers check out with Apple Pay.2 And it’s built into Wallet so customers can easily track what they owe and when they owe it…By using the Mastercard network, Apple Pay Later just works with Apple Pay and requires no integration for merchants.”

What are your thoughts on the delay of Apple Pay Later? Comment below or let us know on Twitter at @appleosophy.

David Becker
Author: David Becker

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