Apple is finally launching Apple Pay Later, the company’s take on the buy now, pay later (BNPL) business. The company has announced that users can use the service to apply for Pay Later loans of $50 to $1,000 and then repay those loans through four payments over the course of six weeks with no interest or fees.

Not everyone can access the service today, however. Apple says “randomly selected” users will receive invites to obtain early access to Apple Pay Later. The service is only available in the US and for online and in-app purchases on iOS 16.4 and iPadOS 16.4.