Apple Inc (NASDAQ: AAPL) is working on a plan to offer a “buy now pay later” product in partnership with Goldman Sachs Group Inc (NYSE: GS), Bloomberg reported on Tuesday. What Happened: The new service, known internally as Apple Pay Later, will allow consumers to pay for any Apple Pay purchase in installments and rivals similar services offered by Affirm Holdings Inc (NASDAQ: AFRM) and PayPal Holdings Inc (NASDAQ: PYPL), as per the report.
Apple Working On Offering 'Buy Now, Pay Later,' Rivaling Affirm, PayPal: Report