Apple Pay Later is kaput. The corporate confirmed to TechCrunch on Monday that it’s killing the service solely two years after first announcing it at WWDC 2022 — and solely seven months after it became available to everyone in the US.
The corporate stated at its developer conference last week that loans by means of third-party service Affirm are coming to Apple Pay later this yr, so the 2 would have been redundant. “Customers within the U.S. may also have the ability to apply for loans straight by means of Affirm after they take a look at with Apple Pay,” the corporate wrote in a newsroom publish after its WWDC keynote.
In response to TechCrunch, Pay Later is already disabled as an choice when trying out with Apple Pay, and it gained’t settle for any new loans shifting ahead. Nevertheless, these with present cost plans can nonetheless entry these by means of the Pockets app.
“Beginning later this yr, customers throughout the globe will have the ability to entry installment loans supplied by means of credit score and debit playing cards, in addition to lenders, when trying out with Apple Pay,” Apple wrote in an announcement to TechCrunch. “With the introduction of this new international installment mortgage providing, we are going to now not supply Apple Pay Later within the U.S.”
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