Apple is planning a buy now pay later (BNPL) service as part of its new operating system, iOS 16.
Apple Pay Later will allow users in the US to spread the cost of a purchase into four payments over six weeks, without paying interest or fees.
It forms part of a range of new iPhone features, including the ability to edit iMessages and a feature intended to help people in abusive relationships.
The features were unveiled at WWDC, the firm's annual developers' conference.
BNPL services - which are currently unregulated in the UK - have been criticised for the way they are used by low-income groups.