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apple: Apple's potential 'buy now, pay later' plan sends sector tumbling

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Apple will use Goldman Sachs, its existing partner since 2019 for the Apple Card credit card, as the lender for the loans, Bloomberg reported, citing people familiar with the matter.
is working on a service that will let users pay for any Pay purchase in instalments, reported, sending shares of Afterpay and other ‘buy now, pay later’ (BNPL) companies sharply lower. Apple will use, its existing partner since 2019 for the Apple Card credit card, as the lender for the loans, Bloomberg reported, citing people familiar with the matter. Afterpay slid close to 10% soon after markets in Australia, where most BNPL firms are listed, opened on Wednesday.

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