On: Apple introduces Apple Pay Later

[lm28469]

Same reason I can eat a single donut and be fine while my best mate won't stop until the box is empty

People make poor decisions, a lot of people make poor financial decisions, what is a great tool when you're educated is a catastrophe for others

The new wave of "pay later" payment systems is clearly a way to artificially boost consumption in the short term

[shostack → lm28469]

Is it just that? Or is this Apple doing the math and deciding the risk they assume is less than they save from credit card fees?