Apple Pay Later lets you split your purchase into four equal payments

Apple has launched Apple Pay Later, which you can support anywhere Apple Pay is available. It's essentially a way to split your payment into up to four equal payments, with zero interest, for up to six weeks. Apple Wallet keeps track of your spending and reminds you when you need to pay on time. It's basically an installment plan without any interest as long as you pay on time, while also making it easier for you to make larger essential purchases when the need arises.

This means you can instantly make your purchases easier and more affordable anywhere Apple Pay is supported, including online or in-person taps Pay. There are no requirements on the seller's end to allow you to split your payment, it all happens within the Apple Pay app. It's unclear if it's only available in the U.S. or if it will be rolled out globally.

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