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  That is the principle view for the Pay Later characteristic in Apple’s Pockets app for the iPhone. [credit: Apple ]

With the restricted launch at this time of a brand new service referred to as Apple Pay Later, Apple will now lend cash on to customers by the Pockets app on gadgets just like the iPhone.

We first  heard in regards to the service in 2021, and it was formally introduced on the firm’s Worldwide Builders Convention in June 2022. It confronted a number of delays, although, as iOS 16 started to roll out final September.

Now Apple is “inviting choose customers to entry a prerelease model of Apple Pay Later.” The service will roll out to everybody “within the coming months.”