Affirm in Apple Pay: Buy Now, Pay Later Returns to Apple Wallet
Looking for an Apple Pay Later alternative? Affirm Apple Pay is here, allowing you to add "buy now, pay later" options directly to your Apple Wallet – here's how!
Since Apple Pay first launched in 2014, it has simplified the checkout process by allowing users to pay with a tap of their iPhone. Now, a new feature adds another layer of flexibility: Affirm, a popular "buy now, pay later" (BNPL) service, is being integrated directly into Apple Pay. This development comes after Apple discontinued its own Apple Pay Later program after just one year, making Affirm a key built-in financing option for Apple Wallet users.
How to Add Affirm to Apple Wallet
Getting Affirm set up in your Apple Wallet is a straightforward process, allowing you to use it for purchases both online and in stores. Before you start, make sure your iPhone is updated to the latest operating system (iOS 18 or later).
- Open the Apple Wallet app on your iPhone.
- Tap the plus (+) icon in the top-right corner to add a new card.
- Look for an option to apply for Affirm or connect an existing account.
- Follow the on-screen instructions, which will guide you through signing up or linking your account to your Apple Wallet.
Once approved, a virtual Affirm card will appear in your Wallet, ready to be used just like any other credit or debit card.
Using Affirm with Apple Pay
When you’re ready to make a purchase at a store that accepts contactless payments, using Affirm is seamless.
Simply double-click the side button on your iPhone to open your Apple Wallet. Select the Affirm card and you will be prompted to choose a payment plan directly on your screen. After selecting your plan, hold your phone near the payment terminal to complete the transaction.
Affirm Payment Plan Details
Affirm offers two distinct payment structures for purchases of $50 or more. It’s important to understand the difference before you commit to a plan.
- Pay in 4: This is Affirm’s popular short-term plan. It splits your purchase into four equal, interest-free payments that are due every two weeks.
- Monthly Installments: For larger purchases, this plan allows you to spread payments over a longer period, typically from 3 to 60 months. These longer-term loans may charge interest.
Keep in mind that for either plan, Affirm may require an initial down payment at the time of purchase.
Conclusion & Key Considerations
The integration of Affirm into Apple Pay provides a powerful and convenient financing tool right at your fingertips. However, it's crucial to remember a few key details.
First, the loans are offered and managed by Affirm, not Apple. Any questions about payments or terms should be directed to Affirm. Second, while Affirm advertises no hidden fees, its monthly installment loans can come with interest rates ranging from 0% to 36% APR, depending on your credit. Finally, approval is not guaranteed, as you may be subject to an eligibility check, and the option to pay with Affirm may not be available for every single purchase. Used responsibly, it can be a helpful way to manage cash flow, but always be sure you understand the repayment terms before you buy.
