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 via third-party service Affirm are coming to Apple Pay later this 12 months, so the 2 would have been redundant. “Customers within the U.S. can even be capable to apply for loans instantly via Affirm after they take a look at with Apple Pay,” the corporate wrote in a newsroom publish after its WWDC keynote.
In keeping with TechCrunch, Pay Later is already disabled as an possibility when testing with Apple Pay, and it received’t settle for any new loans transferring ahead. Nevertheless, these with present cost plans can nonetheless entry these via the Pockets app.
“Beginning later this 12 months, customers throughout the globe will be capable to entry installment loans provided via credit score and debit playing cards, in addition to lenders, when testing 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 provide Apple Pay Later within the U.S.”
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