With Apple releasing their Apple Pay Later feature on March 28, 2023, to select a few random iOS users for early access, people across the world are now inquisitive to know whether or not this new credit program from Apple Pay will be accessible in Australia.
If you live in Australia and have been wondering about the feature’s availability, let us discuss more on that, and the expectations that iOS users in Australia have regarding the feature.
What is Apple Pay Later?
For the iOS users who are confused, let us first clear out more about Apple Pay Later. This is Apple’s “Buy Now, Pay Later” program where the users can break down their purchase amount into four equal installments and pay them off easily.
Following the success of Apple Pay, this is Apple’s second step into venturing into the niche of financial products and services.
What’s great about using Apple Pay Later is the fact that it is an interest-free credit program. Apple has confirmed that although they are in the initial stages of planning this feature and releasing it, they will be improving and adding more to their Apple Pay Later program in the coming days.
When is Apple Pay Later coming to Australia?
With Apple Pay Later launched recently, the feature is currently only available in the United States. There are no reports from the brand about the feature’s diversification and accessibility in other countries, including Australia.
Apple has been reluctant and very slow in offering access to its credit program in other countries and that includes Australia where Apple Pay is a commonly used feature.
Since Apple Pay Later is a financial product, Apple would have to set up their local banking branch in Australia to be able to make this credit program functional in the country. However, given that there have been a lot of clashes between Apple and Australia’s banking sector, it doesn’t look like this credit program will be available on the continent any time soon.
If you are a resident of Australia and have been looking forward to the release and launch of Apple Pay Later, we think the wait might be a little longer than you anticipated.
Conclusion
Apple is gradually rolling out Apple Pay Later to a select few iOS users. If you have been wondering about the availability of this BNPL program, we’d have to disappoint you right now since there is not much information available.