Apple has announced that it is no longer offering Apple Pay Later, the “buy now, pay later” service that launched in the United States last year. The change goes into effect starting today, Apple says. Existing users with open Apple Pay Later loans will still be able to manage them via the Wallet app.
In its place, Apple is focusing on new features coming globally to Apple Pay later this year, including the ability to access installment loan offerings from eligible credit or debit cards, as well as Affirm.
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