There are no other problems involved in using Apple Pay Later, assuming you have a newer model of iPhone or iPad. All you have to do is select Pay Next in the last payment step instead of the Pay in Full option. After the purchase is completed, users can choose to have the cashback automatically or pay the amount themselves for the desired amount. Apple says users can register their money without worrying about hitting their credit, and the approval process is also quick.
In terms of security, Apple says it will “not share or sell your financial history, credit information, and credit information to merchants or vendors.” Currently, the requirements include being at least 18 years old, having an active Apple Pay account with a bank card linked to the wallet, having a valid ID, and having two verifications to verify the transaction. Apple Pay will later be available for both online purchases and in-app payments. But don’t forget that if your account balance drops below the minimum balance and you can’t pay on time, the balance will be charged by your bank.