The details are apparently coming out as Apple tests its “buy now, pay later” service with employees. The service was supposed to launch last year.
From Bloomberg reporter Mark Gurman:
The Apple Pay Later service — announced last year but still in the testing phase — will evaluate borrowers based on their spending history and even which of the company’s devices they own. The program, which lets shoppers make purchases and then pay over installments, also will look at whether customers have applied for an Apple Card credit card and the other cards they have linked to their Apple Pay accounts.


