Apple, Affirm to launch buy-now-pay-later program for Canadian purchases: Bloomberg News

Apple Inc and Affirm Holdings Inc’s PayBright are planning to launch a “buy now, pay later” program for Apple device purchases in Canada, Bloomberg News reported, allowing people to pay for iPhone, Mac, and iPad over 12 to 24 months.

In the United States, Australia and Europe, buy now, pay later is marketed as an alternative to credit cards. The service has soared in popularity during the pandemic as consumers seek other options to make purchases that are easier on their wallets.