Apple Pay Later is coming soon to iOS 16. What you need to know about buy now, pay later option

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Apple will soon enter the rising “buy now, pay later” business.

The tech giant rolled out iOS 16 on Sept. 12, delivering several new features to freshen up iPhones.

Among the handful of features not available at launch is Apple Pay Later, a new service that allows iPhone owners to make purchases using buy now, pay later options.

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