Apple Pay adds Klarna installments now, PayPal balances later

Apple Pay has started to offer Klarna installment plans for online purchases, while a future update will bring PayPal balances to the Apple Wallet.

Coinciding with the tenth anniversary of the launch of Apple Pay, the mobile payments platform is gaining more features that involve other services. The changes will give shoppers more ways to buy items, while also managing their finances.

The first and immediate change is support for Klarna for online and in-app purchases. Rolling out on Thursday, consumers in the United States and the United Kingdom will be able to access Klarna’s flexible payment options at the time of checking out.

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Source: AppleInsider News