Almost eight million British shoppers who utilised 'buy now, pay later' (BNPL) services had outstanding amounts of £538 ($740) on average, totaling £4.14 billion ($5.

Britishers in debt of more than $5.49 billion for ‘buy now, pay later’ services

Apple Inc is working on a service that will let users pay for purchases in instalments, Bloomberg News reported on Tuesday, sending shares of Afterpay Ltd and other "buy now, pay later" (BNPL) companies sharply lower.

Apple's potential 'buy now, pay later' plan sends sector tumbling

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