When the iPhone 14 arrived in September, there was one rumored characteristic that didn’t include it: a subscription service. However in accordance with a brand new report by Bloomberg’s Mark Gurman, Apple hasn’t given up on the mission.

Gurman now says this system, which was deliberate “to debut it in 2022 or 2023,” remains to be within the works at Apple and “ought to nonetheless arrive finally.” Whereas there are few particulars about how this system will work, Gurman has beforehand described a {hardware} service that permits you to lease an iPhone at a flat payment slightly than shopping for one and financing it as with the iPhone Improve Program.

Based on the most recent report, the iPhone subscription program is one in all a number of delayed monetary providers, together with Purchase Now Pay Later and the Apple Money financial savings account, each of which have been introduced final yr. The problems reportedly stem from Apple’s plan to create “a next-generation monetary system” to underpin the brand new options. The initiative, dubbed Venture Breakout, would permit Apple to deal with all points of the monetary settlement, together with “curiosity calculations, rewards, credit score checks, approvals and transaction histories.”

There are indicators that the mission is shifting ahead, nonetheless. Apple Pay Later, which was introduced at WWDC in June, has expanded its inside testing and is predicted to reach” by March or April.” Gurman doesn’t give a timetable for the iPhone subscription service, however it should presumably accompany an iPhone launch in September.