Apple Pay Later ‘Early Access’ Invites Rolling Out Slowly

Apple announced last week that it would begin inviting “select users” to the prerelease version of its Apple Pay Later program. The invitations would come in the iPhone Wallet app, as well as in an email sent to a user’s email attached to their Apple ID. A new report today by 9to5Mac says it appears that the invitations are rolling out a bit slowly, as today is the first day anyone has publicized being invited to join the Apple Pay Later early access program.

Developer Dylan McDonald this morning shared on Twitter that he had received an invite.

Got access to Apple Pay Later! pic.twitter.com/UTI4BFu8If

— ????? (@DylanMcD8) April 5, 2023

If and when you receive an invitation to participate in the program, you’ll receive an email from Apple offering early access to the program, as well as information explaining how the feature works.

Get early access to a prerelease version of Apple Pay Later, and start spreading purchases over four smaller payments, with no interest or fees. Available online and in apps where Apple Pay is accepted with iPhone or iPad.

Applying for Apple Pay Later is easy. Be sure you’ve updated to the latest iOS or iPadOS — then head to Wallet, tap +, and choose Apple Pay Later. Request an amount to spend and, if approved, you’ll see the Pay Later option behind the Apple Pay button at checkout.

Once you’ve received the “early access” email, you should simply load the Wallet app on your iPhone to initiate the application process.

Users can make an application for an Apple Pay Later loan in the Wallet app with no impact on their credit rating. Applicants will enter the amount they’d like to borrow ($50 to $1,000), agree to the program’s terms, and wait for Apple to perform a soft credit check. Once the applicant’s loan is approved, “Apple Pay Later” will show up as a payment option in Apple Pay.

Users will also be able to view, track, and manage their loans in the Wallet app. Users will be able to view upcoming payments, as well as notifications of upcoming payments in both the Wallet app and via email. users can make payments with a debit card. Credit cards are not allowed to be used to make payments on the credit account.

Apple unveiled Apple Pay Later nearly one year ago at WWDC 2022. The program is a “buy now, pay later” financing option allowing qualifying customers in the U.S. to split an Apple Pay purchase into four equal payments spread over six weeks. There are no interest or fees.

All credit assessment and lending will be handled by Apple subsidiary, Apple Financing LLC. If a merchant accepts Apple Pay, customers will see an “Apple Pay Later” option at checkout, both online and in apps.

For more information about Apple Pay Later, read this Apple support document.

This information first appeared on Mactrast.com