Apple Expands BNPL Options with Klarna and Affirm
Apple Pay, already a popular mobile payment service, has further expanded its capabilities by incorporating two buy now, pay later (BNPL) options: Klarna and Affirm. This move comes on the heels of Apple discontinuing its own BNPL service, Pay Later, earlier this year. The addition of BNPL services aligns with the growing trend of consumers seeking flexible payment options and highlights Apple's commitment to providing a comprehensive payment experience. Understanding BNPL Services Buy now, pay later services have gained significant traction in recent years, offering consumers the ability to make purchases and spread out the payments over time. Klarna and Affirm are two prominent examples of BNPL providers. These services typically allow users to split purchases into interest-free installments, making them an attractive option for those looking to manage their finances more effectively. While BNPL services can be beneficial, it's important to note that they may also pose risks. S…
