Apple expands testing of ‘buy now, pay later’ service to retail employees

The first version of the new service will allow consumers to split a purchase made through Apple Pay into four installments paid over six weeks – without interest or fees. — Photo by Laurenz Heymann on Unsplash

Apple Inc. has expanded an internal test of its upcoming "buy now, pay later” service to the company’s thousands of retail employees, a sign the long-awaited feature is finally nearing a public release.

The tech giant contacted retail staffers this week to offer them a test version of the service, according to Apple workers who asked not to be identified. The offering, called Apple Pay Later, lets shoppers split the payment for purchases into installments. The company previously rolled out a test for corporate employees.