Apple Pay Later will pressure PayPal, Cash App, and Affirm

Apple’s methodical move into consumer financing has progressed with the launch this week of its Buy Now Pay Later offering, Apple Pay Later.
Apple Pay Later allows users to split the cost of an Apple Pay purchase into four equal payments spread over six weeks.
Reinhardt Krause for Investor’s Business Daily:The move into consumer financing hasn’t moved AAPL stock much, but investors took notice in other BNPL players, including PayPal Holdings, Square-parent Block, and Affirm Hol