Apple Pay Later

Apple Pay Later is built right into Wallet, so users can seamlessly view, track, and manage all of their loans in one place. With Apple Pay Later in Wallet, users can easily see the total amount due for all of their existing loans, as well as the total amount due in the next 30 days.

They can also choose to see all upcoming payments on a calendar view in Wallet to help them track and plan their payments. 

Before a payment is due, users will also receive notifications via Wallet and email so they can plan accordingly. Users will be asked to link a debit card from Wallet as their loan repayment method; to help prevent users from taking on more debt to pay back loans, credit cards will not be accepted.


Apple Pay Later 
https://www.apple.com/newsroom/2023/03/apple-introduces-apple-pay-later/