Global technology companies' interest in payment systems, and their new product and service plans in this area, keep growing every day.
According to reports, Apple has announced that it has begun planning work on infrastructure to accept installment payments with Apple Card.
Users will be able to pay in monthly installments using Apple Card when purchasing Apple products such as the iPad, Mac, and AirPods.
According to Fortune, the tech giant, which plans to roll out the service within the next few weeks, will let buyers split payments into interest-free installments.
Specifically, it was reported that 12-month interest-free plans could be offered for the iPad, Mac, Apple Pencil and iPad keyboards, and the Mac XDR Display monitor, while six-month installments could be offered for AirPods, Apple TV, and HomePod products.
The installment card idea further boosts interest in Apple Card, the joint venture the company launched with Goldman Sachs to also release a credit card product. According to information reported by Forbes, the program will also be compatible with Apple's education discounts.
Apple had been offering new features and deals with the card it launched in August 2019. In order to help customers struggling due to job losses and economic instability, Apple decided to defer payments on the cards, giving customers some breathing room.
Depending on the amount spent, Apple Card also offers a certain amount of rewards or cash back.
In conclusion, it's clear that we'll see much more innovative products and deals from tech giants in the payment systems space in the coming days. Those who will benefit the most from this, without doubt, will be consumers.
Apple Card is not yet available in our country. Although not yet announced by Apple officials, we expect it to become available in our country soon, and we're eagerly looking forward to enjoying the benefits of Apple Card :)
You can find the video prepared on this topic below.
