Tim Cook confirms plans for Apple Pay Later launch are still afoot.
Apple has confirmed it still aims to launch its own Buy Now Pay Later scheme later this year, despite growing concerns that ongoing delays might have meant the project’s cancellation.
Apple Pay Later was first announced in June 2022, but has suffered multiple delays and setbacks since then. It was initially expected to launch alongside iOS 16 back in September 2022, but now looks set for release some time in 2023.
The company’s official iOS website currently states that Apple Pay Later is, « coming in a future update » – but now the company’s CEO appears to have shed some light on when this may be.
Speaking to CNBC (opens in new tab) around the company’s Q1 2023 financial results, Apple CEO Tim Cook confirmed that plans to launch the service are still underway – although he was unable to put a concrete date on the board.
