The service will enable Canadian shoppers to pay for iPhone, Mac, and iPad purchases over 12 or 24 months. Credit: Trac Vu on Unsplash.

American technology giant Apple, in partnership with Affirm’s PayBright, is reportedly looking to roll out a buy-now-pay-later (BNPL) programme for its Canadian customers.

The companies are planning to launch the initiative this month at Apple’s online and physical retail stores in Canada, Bloomberg News reported citing a message sent to Apple retail employees in the region.

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With the service, Canadian shoppers will be able to pay for iPhone, Mac, and iPad purchases over 12 or 24 months, instead of paying in full amount at the time of the purchase.

Apple is likely to offer the programme, which is said to be its first instalment programme in Canada, interest-free for a limited time.

In the US, the tech giant provides a BNPL offering for Apple purchases via its Apple Card credit card in alliance with Goldman Sachs Group.

It also offers monthly iPhone payment plans in certain countries.

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Apple was quoted by Bloomberg News as saying in its message to its staff: “Some customers visiting Apple want to buy now and pay later. Now, they have a new option that lets them pay over time for their favourite Apple products.”

Spokespeople for Apple and Affirm did not comment on the news.

Apple operates around 30 stores in Canada, which is one of the biggest retail market for the chain after the US, China and the UK.

The BNPL programme in Canada is also expected to support down payments through trade-ins of existing devices.

In addition, AppleCare can be included on the instalment plan for the purchase of iPhones, iPads and Macs while the offering doesn’t apply to Apple products such as Apple Watch and AirPods.

In January this year, Affirm acquired PayBright, a BNPL outfit in Canada.