Apple has joined forces with Alipay in an effort to boost iPhone sales in China.
iPhone fans can now bag one of the company’s latest handsets with up to two years of interest-free finance. The loan allows customers to swap the costly upfront fee for much more affordable monthly payments. It’s available on purchases of 4,000 yuan (approx. $595) or more.
eBay is giving shoppers the ability to purchase items with Apple Pay this fall.
The service will become a primary payment option on the eBay website and in the mobile app. A small group of Marketplace customers will get the chance to try it before it rolls out to everyone in a few years.
Cupertino is in talks with Goldman Sachs over a deal that could mean cheaper finance on Apple products, according to a new report. The investment bank already raised billions of dollars for Apple, but sources warn a deal remains far from complete.
If you’re a user of a local or regional credit union like I am, you’ll be excited to hear that Apple continues to add smaller financial institutions to its ever-growing list of places that will let you pay for things using your iPhone or Apple Watch.
With these 23 new additions, Apple now has 255 Apple Pay partners available to those of us who love the future of payments.
For every dollar spent on the iOS App Store, Apple makes thirty cents, but if you expect Cupertino to be collecting 30% of every buck spent on Apple Pay, you’re crazy. The world of finance is much more nuanced — and ruthlessly competitive — than selling apps: Apple will have to settle for just fifteen cents for every $100 spent. But that’s actually a lot of money in financial terms.
It’s looking like it might be a dreary quarter for Apple. Not only has iPhone growth pretty much leveled off, but most Wall Street analysts believe that when Apple announces its quarterly numbers, iPad sales will have actually declined year over year. Is Wall Street wrong?