apple pay later launches with a random invite system today

Today Apple is launching its latest financial service. This one is called Apple Pay Later and it very much does what it says on the tin. If you are in the US, and if you’re lucky, you can use it to split stuff you buy into four payments with no interest and no fees.

So like Klarna, or any other “pay later” service, but this one is from Apple, and it lives inside Apple Wallet. “Lives”, that is, if you’re lucky enough to get invited to use it. Apple Pay Later is launching today, but only with randomly selected users who will be invited to get early access to a prerelease version.