Apple has announced it’s getting into BNPL (buy now pay later) service as part of its new operating system, iOS 16.

The tech giant is declared war with companies like Klarna and Clearpay during the WWDC, its annual developer’s conference.

Users will be allowed to take out an interest-free four-month loan on any payments made using its Apple Pay service.

For now the feature will be limited to the US when iOS 16 arrives in the autumn.

Apple’s new iOS 16 will bring a host of new changes for users. The iPhone lock screen is in for a major refresh. With the introduction of widgets users will be able add information such as upcoming calendar events, the weather, battery levels, alarms, time zones, Activity ring progress, and more.

One of the biggest announcements was the shake up of iMessage. User’s will now have the ability to edit and “unsend” texts that were sent using Apple’s Messages app.

Face ID will now also work in landscape mode for certain models of iPhones.