Connect with us

Hi, what are you looking for?

The Whale CapitalsThe Whale Capitals

Tech News

Apple is shutting down Apple Pay Later just months after launch

Illustration of the Apple logo on a yellow and teal background.
Illustration: The Verge

Apple is shutting down Apple Pay Later, its buy now, pay later service, the company confirmed to 9to5Mac. The service, which lets you take out “pay later” loans that can be paid in four payments over six weeks, only launched fully in the US in October 2023. In its place, Apple says that users will be able to apply for “installment loans” from credit cards, debit cards, and lenders when checking out with Apple Pay later this year.

Here is Apple’s full unsigned statement, which was given to 9to5Mac:

Starting later this year, users across the globe will be able to access installment loans offered through credit and debit cards, as well as lenders, when checking out with Apple Pay. With the introduction of this new global installment loan…

Continue reading…

You May Also Like

Tech News

Picking up my new passport at the post office. | Photo by Sean Hollister / The Verge Perhaps you’ve heard you can now renew...

Tech News

Brazilian regulators say Meta’s “excessive and unjustified obstacles” make it difficult for users to opt out of AI training. | Illustration: Nick Barclay /...

Tech News

Proton Docs does comments, collaboration, and a bunch of other Google Docs-y things. | Image: Proton Proton Docs looks a lot like Google Docs:...

Politics

There are multiple letters circulating among House Democrats that would call for President Biden to step aside in the 2024 White House race, two...