Apple offers installment payments – new offers also for the car industry

san francisco Apple is competing with PayPal and Klarna. At the start of the WWDC developer conference, the iPhone manufacturer announced on Monday that future purchases would be possible via installment payments. The offer will apply wherever Apple’s payment system is accepted. Users could split sums of money into up to four individual payments – without interest and fees. In the Corona crisis, the business with installment payments (buy now, pay later – BNPL) boomed, but in view of rising interest rates and high inflation, reports of repayment problems by individual customers are now increasing.

Apple’s announcement that it would better align its software to the needs of car manufacturers and better integrate it into the dashboard also attracted attention. For the first time, the application can display information about speed, direction and fuel information. Ford plans to use the new software and equip cars with it from next year, Apple said.

More: How Apple wants to get important raw materials like gold and copper from old iPhones

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