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Apple adds BNPL offerings from rivals

Payments Dive

The tech giant will allow installment plans from Affirm, as well from certain debit and credit cards, onto Apple Pay alongside its own BNPL service.

Apple 475
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Apple blocks Epic’s rival app store

Payments Dive

Apple is trying to cynically kill off developers that stand up to them,” Epic Director of Public Policy Leo Rees said Wednesday.

Apple 417
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Fintech founder backs Google, Apple

Payments Dive

“It’s easy for giant app companies to pick fights with Apple and Google, but when billionaire companies fight about who gets richer, it’s usually the little guy that loses,” writes CashEx’s CEO.

Google 243
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Affirm CFO doesn’t expect profits from its Apple tie soon

Payments Dive

The company’s finance chief compared the rollout of its partnership with Apple to the launch of its own payment card, saying the company preferred a “very thoughtful and controlled” approach.

Apple 195
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Apple joins BNPL boom

Payments Dive

Apple Pay Later will let users split the cost of an Apple Pay purchase into four equal payments over a six-week period, with no interest or fees. It will be available via the Mastercard network.

Apple 273
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Apple opens up payments under EU pressure

Payments Dive

Apple plans to give software developers the option to use third-party payment systems, but warned that the change will expose consumers to new threats.

Apple 221
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Levchin downplays Apple threat

Payments Dive

Affirm’s CEO said PayPal, Klarna and Afterpay are more likely to face pressure from Apple’s buy now, pay later move.

Apple 259