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Apple allies with Merchants Bank Co. to offer installment-based payment plans to Chinese customers

If you’re buying Apple equipment in China, there’s a payment plan for you. Per Bloomberg, Apple on Thursday introduced a new option for Chinese buyers of iPhones and MacBooks, allowing them to spread the cost of purchases ranging from from 300 yuan (US$48) to 30,000 yuan (US$4,800) over as long as two years. The new […]