January 17, 2025 – Following the discontinuation of its own “buy now, pay later” service, Apple Pay Later, in June 2024, Apple has announced a new partnership with Synchrony, a leading financial services company. Together, they have launched “Synchrony Installments,” a new “buy now, pay later” option for customers in the United States.
The upcoming launch of Synchrony was prematurely revealed due to an early update of Apple’s support documentation. Now, Synchrony has officially become a “buy now, pay later” option within Apple Pay, available for use on both web and mobile apps.
To utilize this service, customers are required to have a Synchrony Mastercard and add it to their Apple Wallet app. Additionally, they must have iOS or iPadOS 18 or a later version. When checking out with Apple Pay, users can select the “Pay Later” option and choose from the fixed monthly payment plans offered by Synchrony.
The supported Synchrony Mastercards include Synchrony Preferred Mastercard, Synchrony Plus World Mastercard, and Synchrony Premier World Mastercard.
Furthermore, Synchrony has announced that later this year, customers will be able to view and redeem eligible rewards from their Synchrony-issued cards when checking out with Apple Pay. This integration will provide added convenience and value to users of both Apple Pay and Synchrony cards.
