Apple’s Chinese Web Store Adds Credit Facility As iPhone-Maker Battles Cheap Androids

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http://techcrunch.com – Apple has started offering users of its Chinese online store the option to buy devices on credit. The option to pay in interest-free monthly installments is detailed on this page of Apple’s Chinese web store. The credit offer can apply to any purchase of more than 300 yuan ($48) but less than 30,000 yuan ($4,800), according to the site, but only applies to holders of credit cards from China Merchants Bank. It’s not clear how long Apple plans to offer the credit facility — it’s possible the interest-free component is only a new year offer that expires on January 23. A G (IT news)