Apple Pay Later

We already know that Apple is testing Apple Pay Later for an impending launch, but since this is tightly integrated with Apple’s Wallet app, there’s going to be some code required in iOS 16 to make it work.

With Apple Pay Later expected in the coming weeks, it’s very likely that iOS 16.4 will include support for this feature, allowing iPhone users in the U.S. to make deferred purchases at any retailer that takes Mastercard and supports Apple Pay. Applying for Apple Pay Later will be done through the Wallet app; once approved, Apple will front the money to the merchant using a virtual Apple Pay Mastercard and then collect it back from the customer’s chosen payment method in four equal payments over six weeks.

However, don’t expect to see any hints of this in the Wallet app. Even if the app is ready to go now, the features will likely be locked away until Apple turns the key on the service.