1. Apple ‘Pay Later’ is coming soon to iOS 16
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.
Interest in using buy now, pay later services continues to rise. A survey conducted last summer by consulting firm McKinsey and Co. found that 60% of U.S. consumers said they planned to use buy now, pay later products in the coming year.
Shoppers who use Apple Pay on a purchase can break that cost up into smaller payments with the new option. It’s eligible to any Apple Pay users who check out with the service online or in an app.
Shoppers can break down their purchase into four separate payments over six weeks, with no interest or fees. The service is run using Mastercard’s network.
Apple said Pay Later will be available in a future update for qualifying applicants in the U.S., according to Apple’s iOS 16 page. – Brett Molina and Katie Wedell/USA Today
2. Forget the lines: You may be able to renew your passport online
Renewing your U.S. passport could become much less stressful for some.
Qualifying U.S. citizens can renew their passports online which…