From CNBC: 2024-06-11 10:07:22

Apple device users will soon have access to buy now, pay later loans from Affirm. The option will be available for U.S. Apple Pay users on iPhones and iPads later this year. Affirm promises flexibility, transparency, and no late or hidden fees. Affirm’s shares rose 5% and Apple’s shares were up 2.5%.

The partnership between Apple and Affirm will allow users to have additional payment choices with the convenience and security of Apple Pay. Affirm offers features like flexibility and transparency, with no late or hidden fees. This new feature is expected to launch later this year for Apple device users in the U.S. Stay tuned for updates as this story develops.

Read more: Affirm buy now, pay later loans coming later this year