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 mentioned at its developer conference last week that loans by 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. may even be capable of apply for loans instantly by Affirm after they try with Apple Pay,” the corporate wrote in a newsroom submit after its WWDC keynote.
In response to TechCrunch, Pay Later is already disabled as an possibility when testing with Apple Pay, and it gained’t settle for any new loans transferring ahead. Nevertheless, these with present cost plans can nonetheless entry these by the Pockets app.
“Beginning later this 12 months, customers throughout the globe will be capable of entry installment loans provided by 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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