The Economic Times

Apple Upgrade leasing program explained: Monthly cost, what happened to the iPhone Upgrade Program, and everything else you need to know

Apple has launched Apple Upgrade, a new device leasing service in the United States. This program allows customers to lease iPhones, iPads, Macs, and Apple Watches. Customers can return, purchase, or upgrade devices after their lease concludes. The new leasing option replaces the older iPhone Upgrade Program and iPhone Payments. Existing users will transition to new purchasing methods after their current plans end.