Tech giant Apple has joined the 'buy now, pay later' service with the new Apple Pay Later, which was announced at the Worldwide Developers Conference (WWDC) 2022. According to CNBC, a wholly-owned subsidiary of Apple will check user credit and extend short-term loans to the users for Apple Pay Later. The new loan service, which will compete against similar offerings from Affirm and PayPal, was announced this week.
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