Apple And Goldman Sachs To Launch Apple Pay Later, A Buy Now Pay Later Service
Looks like the big companies want a piece of the BNPL pie.
- Give Apple Pay users an option to spread payments for their purchase across four interest-free payments made every two weeks, or across several months with interest.
- Enable Apple Pay users to choose any credit card to make their payments over time.
- Include payments plans that exclude late fees and processing fees, requiring users to only pay interest for longer-term plans.
Why do you think they would spend the time, resources & effort to get into the BNPL space?
Massive "GROWTH" opportunity!
Anyone still doubting BNPL? if you are, then you need to adapt to change quickly, because the big companies are adapting to change.
Signs of good management.
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