15-02-2023 14:51 via macdailynews.com

Apple will scrutinize customer history before approving Apple Pay Later transactions

With Apple moving into the lending business with a “Buy Now, Pay Later” (BNPL) service, Apple Pay Later, the company will of course apply rules for how it will approve BNPL transactions. One key factor, naturally, will be the quality of your credit history.Mark Gurman for Bloomberg News:The Apple Pay Later service — announced last year but still in the testing phase — will evaluate borrowers based on their spending history and even which of the company’s devices the
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