Minimum and Maximum Credit Limit of Apple Pay Later Service – A credit limit or a loan can be taken now through Apple’s new Pay Later service. The Apple Pay Later service is now available in the United States of America.
Apple, on Tuesday, launched the Apple Pay Later service for its customers. Apple roll-out this feature after a long delay. This feature allows users to pay for online purchases in installments. With the help of this new Apple Pay Later service, a user can apply for a loan within the Wallet app.
What is the Minimum and Maximum Credit limit of Apple Pay Later Service?
With the help of the Apple Pay Later feature you can apply for a loan ranging from $50 to $1000.
- The minimum loan that can be taken is $50 (As on 29 March 2023).
- The maximum loan that can be taken is $1000 (As on 29 March 2023).
Is Apple Pay Later available for all Users?
No, the Apple Pay Later service is only available to selected users, But, as per Apple company, this feature will be introduced for all eligible users in the coming months. Apple’s Pay Later option is continued through the Mastercard Installments program.