Apple is taking on Klarna and ClearPay with a new “buy now, pay later” feature for iPhones, the company has announced at its worldwide developer conference. Apple’s buy now, pay later offering will compete with companies like Klarna and ClearPay by letting users take out an interest-free four-month loan on any payments made using its Apple Pay service. The buy now, pay later feature will be limited to the US when iOS 16 arrives in the autumn. For many, the most important change announced at the event will be for their iPhone lock screens. And they will be able to swipe through multiple lock screens, with different looks and functionality for different use cases – a work lock screen could pin emails and mute social media, for instance, while a weekend lock screen could have more casual pictures and hide communications from work.

Source: The Guardian June 07, 2022 06:10 UTC