An Apple store lights up at night in the city of Nanjing , China . In June , the tech giant announced its intention to expand into the buy-nowpay-later ( BNPL ) space when it releases the latest version of its iOS operating system later in the year . Apple Pay Later will let consumers spread the cost of purchases over several interest-free instalments . Experts claimed it would give the fintech space more room for collaboration , but also warned the move was " bound to put pressure " on existing players like Klarna , Clearpay and Affirm .

10 August 2022